Financial information from Australia’s registered charities will be made publicly available free of charge by the Australian Charities and Not-for-profits Commission (ACNC).
As part of the 2014 Annual Information Statement, all charities except for Basic Religious Charities and those registered with the Office of the Registrar of Indigenous Corporations (ORIC) are required to provide financial information to the ACNC. As part of the 2013 Annual Information Statement, over 8,000 registered charities provided financial information voluntarily. ACNC Commissioner Susan Pascoe said the 2014 Annual Information Statement marks the first time all Australian charities will be required to report financial information to a single, national, regulator of charities. Ms Pascoe added that it will also be the first time that this information will be made available to the public in one place, free of charge.
The information will be published on the online ACNC Charity Register.
[LTN 225, 20/11/14]