More than \u00a31,500 is spent every second on charitable services in England and Wales, according to new analysis published today.\r\n\r\nEvery day, charities spend \u00a3136.4 million \u2013 equivalent to \u00a31,578 per second \u2013 improving lives and helping communities.\r\n\r\nACEVO, the Charities Aid Foundation (CAF), the Institute of Fundraising and CharityComms today publish a report, called \u2018Charity Today\u2019 aimed at giving people a better understanding of the role charities play in public life. The report also gives an insight into how they operate and how they are changing.\r\n\r\nThere are more than 160,000 charities in England and Wales. The largest 6%\u00a0of these alone spend \u00a349.8 billion a year on delivering services and supporting causes. Much of this is only possible due to the generosity of public donations, and charities\u2019 trading activity.\r\n\r\nAround 2.29 billion hours each year are given by volunteers and more than 4 in 5 people (83%) have benefited from charity services in the past year.\r\n\r\nThe report comes after Prime Minister Theresa May outlined a vision for a \u2018Shared Society\u2019 in a speech given to the Charity Commission last month. Charity leaders are urging government to work with charities to deliver it.\r\n\r\nTo coincide with the release of Charity Today, charities will be in the spotlight across local and national BBC radio today.\r\n\r\nFollow the online conversations via the hashtag #CharityToday on Twitter.