Close Search
 
MEDIA, JOBS & RESOURCES for the COMMON GOOD
News  | 

Did You Know? Latest Stats on NFP's


29 September 2003 at 1:09 pm
Staff Reporter
The latest Australian Tax Office figures on Not for Profits offer an interesting insight into Third Sector.

Staff Reporter | 29 September 2003 at 1:09 pm


0 Comments


 Print
Did You Know? Latest Stats on NFP's
29 September 2003 at 1:09 pm

The latest Australian Tax Office figures on Not for Profits offer an interesting insight into Third Sector.

The ATO Compliance program 2003-4 says there are 700,000 NFP organisations, but only 170,000 of them are in the tax system. And 94% of these are companies and the remainder are Trusts.

The combined annual turnover of these organisations in Australia exceeds $27billion!

The 30,000 largest NFP’s employ 8% of the Australian workforce.

And while these organisations pay less than $1billion in tax, their role is significant because they collect around $5billion in tax paid by their employees….




Tags : Statistics,

 Print

Get more stories like this

FREE SOCIAL
SECTOR NEWS


YOU MAY ALSO LIKE

How Leaders Can Reignite Employee Engagement in 2025

Jenny Rosser

Friday, 20th December 2024 at 9:00 am

Helping socially conscious shoppers in Australia

Ed Krutsch

Friday, 20th December 2024 at 9:00 am

Top 5 NDIS Provider Compliance Mistakes and How to Avoid Them

Faz Mohitian

Tuesday, 17th December 2024 at 4:28 pm

Fighting against gendered violence & alcohol harm

Ed Krutsch

Friday, 13th December 2024 at 9:00 am

pba inverse logo
Subscribe Twitter Facebook
×