Go Salary
MEDIA, JOBS & RESOURCES for the COMMON GOOD
News  | 

Givewell Research - Financial Impact on NFPs


Monday, 16th March 2009 at 2:50 pm
Staff Reporter
The gross revenue of Australian charities is up by 3% in 2008 according to the first sample survey of the sector in the current financial crisis. The details of the Givewell research were released at the recent Nonprofit Finance Forum in Melbourne.

Monday, 16th March 2009
at 2:50 pm
Staff Reporter


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Givewell Research - Financial Impact on NFPs
Monday, 16th March 2009 at 2:50 pm

The gross revenue of Australian charities is up by 3% in 2008 according to the first sample survey of the sector in the current financial crisis. The details of the Givewell research were released at the recent Nonprofit Finance Forum in Melbourne.

The aim of the research into 214 charities was to identify tends in Not for Profit finances to assess if a funding recession is emerging.

The research shows that gross receipts were up 11% overall in 2008 compared to an 8% rise in 2007.

The figures indicate that the rise in overall fundraising is due to an increase in bequest funds. In 2008 they amount to around 18% of charity income, well up on the 2007 figure of just 5%.

In the top ten fundraisers, three recorded a drop in revenue: World Vision down 1% to $333 million, Boys Town down 2%. Red Cross also recorded a downturn however the figures do not include the additional $210 million raised in the recent Victorian bushfire appeal.

As part of Givewell’s 2009 Fundraising Appeals Survey a nine question survey compared data from appeals/events/campaigns undertaken since July 2008 with the previous year.

Some 63% of recipients had carried out a campaign in that time and overall there was a decline in dollars of 4.2%.

Some recipients said there was a higher response rate but a lower average of gifts. Others reported that it was harder to get money from private companies this year than last year.

However 77% said they were confident that their actual income will be within 10% of their budget.

Overall the consensus was that some income streams will contract but others will continue to grow with diversity of programs and approaches and target markets being the key to success.

www.givewell.com.au




Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers?

Get in touch at news@probonoaustralia.com.au

Tags : Fundraising,

 Print

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Write a Reply or Comment

Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

It starts with you

Contributor

Thursday, 14th November 2019 at 7:00 am

Report finds NFP boards lack leadership in fundraising

Luke Michael

Wednesday, 13th November 2019 at 2:30 pm

Creating a future of fundraising

Maggie Coggan

Monday, 4th November 2019 at 8:26 am

Australian mental health charities miss out on philanthropic dollars

Maggie Coggan

Monday, 28th October 2019 at 5:25 pm

POPULAR

Our royal commission is not yet a safe place for people with disability

Emma Bennison

Wednesday, 6th November 2019 at 4:59 pm

Disability royal commission begins amid fears around support services

Luke Michael

Monday, 4th November 2019 at 12:58 pm

Report finds NFP boards lack leadership in fundraising

Luke Michael

Wednesday, 13th November 2019 at 2:30 pm

Why Australia needs more noisy charities!

David Crosbie

Thursday, 7th November 2019 at 8:58 am

Go Salary
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!