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The Cabinet Office has refused to confirm or deny the reports but local authorities, government officials and other charities are reported to have been briefed on Tuesday afternoon about the potential closure of the charity, which supports thousands of children.
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He also looks at how charities are reporting their assessment and management of risk in their annual reports.
Nationwide, charities are reporting that donations are flat to down sharply, especially for organizations that rely on gifts of appreciated stock.
Eating disorder charities are reporting a rise in the number of people suffering from a serious psychological condition characterised by an obsession with healthy eating.
Anti-stalking charities are reporting a "Lily Allen effect" – a steep rise in the number of victims coming forward for help – after the singer revealed in the Observer last week that she had been the victim of a seven-year stalking ordeal that had culminated in a stranger breaking into her home while she slept.
By January 2018, homelessness charities were reporting a 169% increase in homelessness since 2010.
Not only is Makhlouf subject to sanctions from both the EU and US, but his charity is reported to be engaged in running at least three pro-regime Shabiha militias, including one which was involved in the protracted siege of the Damascus suburb of Darayya.
Angela Gibbins, head of global estates at the charity, was reported to have commented on a picture of the young prince, which someone had captioned: "I know he's only two years old, but Prince George already looks like a f****** d***head".
He has recently published a book about the top 200 charities, commenting on the way accounts are reported.
As a result of the donations from effective altruists, organisations ranked by charity evaluator GiveWell are reporting a jump in donations.
Women's organisations have always struggled financially, but charities across the sector are reporting that the current round of public sector cuts has left them facing unprecedented funding shortages.
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