Paddy Mooney, Director at Include Youth, said:
"It was bitter sweet news for us yesterday as we received word that our European Social Fund bid had been successful.
"A feeling of relief, that as an organisation we are in a position to move forward and continue delivering services to vulnerable and disadvantaged young people in society, but also a sense of great sadness that good friends in the sector like NIACRO and many others aren't.
"As an organisation we too have felt the impact of this changing landscape.
"Our services continue but the loss of other vital services in the sector will be hugely missed. The immediate effect is being felt by the sector but the long-term effect is on those most in need in our communities."