Released by the Australian Charities ad Not-for-profits Commisison (ACNC) just before Christmas, The Australian Charities Report 2014 is the first in-depth look at the financial significance of the sector.
Our country’s charity sector has a combined income of $103 billion, with nearly $7 billion coming from donations and bequests.
Most charities appear to be operating a balanced budget, as during that same period, $95 billion was spent by charities, and the remaining $8 billion ear-marked for future charitable investment.
The Australian Charities Report 2014 was produced in collaboration with the Centre for Social Impact and the Social Policy Research Centre at UNSW Australia.
It is hoped the report will act as a resource to help donors, governments, researchers and the community better understand charities, and their financial status and sustainability.