Australia’s charities increase their income

May 2021 – Australia’s 48,000 registered charities employ 11 per cent of the workforce, although 51 per cent of them have no paid staff.

The latest figures from the Australian Charities and Not-for-profits Commission (ACNC) finds charities earned revenue of $166 billion in 2019, the latest figures available and, of course, collected before the COVID-19 pandemic and bushfires early in 2020 hit the economy.

The wealth of data in the annual charities report will be scrutinised even more carefully next year to see how finances were affected by COVID, bushfires and floods.

In 2019, the sector performed strongly, with total revenue up 6.8 per cent to $166 billion, of which $11.8 billion came from donations and $78 billion from governments.

Expenses rose 6 per cent to $157.6 billion and the sector turned in net income of $11.1 billion, up 12 per cent.

The information comes from information statements that charities have to lodge with the regulator.

It found 52 per cent of charities had an online presence, which seems low but compares with only 34 per cent in 2018.

The report is available here

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