Our $103b Charity Sector

ACNCReleased 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.

Download a copy at the ACNC website.

A Changing Sector

The Australian charity sector has evolved over the past twenty years, and a report release last month by private wealth management business, JBWere, highlights some of these changes.

The Cause Report, as it is known, is an in-depth report that investigates the role of the sector in Australian society. It compares the our sector here to those in the USA, Canada, UK and a few other countries and provides some predictions for the future. The report also explores the different types of organisations in the sector such as health, environment, education and social services.

Additionally, as indicated in the Executive Summary, The Cause Report covers:

  • the scale, scope and significance of the charitable and not-for-profit sector;
  • the long term trends across the sector;
  • the headwinds in relation to sustainability and volunteerism; and
  • a breakdown of data at a sector level.

The report identifies the charity sector as “the glue which holds much of Australian society together and allows it to function and prosper” and while it is a lengthy report it is certainly well worth the read.

For more information about the report or to download it, please visit the JBWere website here.

 

Review of Aussie NFP Sector

kodareviewThe Koda Capital Non-Profit Sector Review is a comprehensive document that everyone working in the non profit industry should take the time to read.

Calling for more collaboration between the community and government sectors to get the job done, the document looks into issues such as the industry’s growth and input to Australia’s national GDP, verses the insignificant salary growth of employees within the sector.

There is a strong suggestion that although Australia is already a leader in volunteering, non profits should be looking even more so to take advantage of our highly trained and skilled workforce to build a network of people willing to offer their talents and their time.

The 2015 Koda Capital Non-Profit Sector Review