The Role of Philanthropy in the Charity Sector of Australia
Table of Contents
Introduction
According to a report released by the sector regulator, charities in Australia recorded a total revenue of $190 million, with $9.7 billion distributed in grants and donations to those in need. Outgoing expenses for the charities amounted to $175 billion. Australia currently has 59,967 registered charities, ranging from small community groups to top universities. The Asia Pacific Internet Development Trust received the highest amount of donations and bequests, followed by Minderoo charity, World Vision Australia, The Smith family, and The Salvation Army.
The Role of Philanthropy in the Charity Sector
The report shows that philanthropists play a significant role in funding charities in Australia. Nearly one-fifth of registered charities are grant makers, and they contribute significantly to the sector. Donations to 41.5% of registered charities are tax deductible, and those with ATO-endorsed status are more likely to receive donations.
Largest Employers in the Charity Sector
The Melbourne Archdiocese Catholic Schools is the largest single employer registered as a charity, with 17,222 employees, of which 8000 work full time. UnitingCare QLD and Goodstart Early Learning are the second and third-largest employers, with 3791 and 8958 full-time employees respectively.
The Size and Revenue of Charities
Over half of all charities in Australia fall into the small or very small categories, with a third recording less than $50,000 in annual revenue.
Government Funding for Charities
Throughout the year, Australian charities received $97 billion from the government in the form of grants. This accounts for over half of all revenue received by charities.
Conclusion
The charity sector in Australia is sustained by the significant contributions made by philanthropists and government funding. With 59,967 registered charities, the sector plays a crucial role in addressing the needs of the community. Whether it’s small community groups or top universities, these organizations depend on the generosity and support of donors to carry out their missions.
