Fed: Not-for-profit orgs received $74.5b in 2006-07: ABS

AAP General News (Australia)
08-05-2008
Fed: Not-for-profit orgs received $74.5b in 2006-07: ABS

CANBERRA, Aug 5 AAP - Australia's 41,000 not-for-profit organisations received $6.2
billion more than they spent during 2006-7, official data has found.

More than a third of their $74.5 billion income was from government funding.

The organisations spent a total of $68.3 billion during the year, according to the
Australian Bureau of Statistics.

The big earners were organisations undertaking education and research, (22 per cent),
social services (16 per cent) and recreation activities (16 per cent).

Most of their funding came from federal, state and local governments (34 per cent)
and income from services (29 per cent) while donations, sponsorship and fundraising made
up just nine per cent of total income.

The organisations employed more than 880,000 people, and more than half of those worked
in social services, education and research organisations.

More than 2.4 million volunteers donated their time to the not-for-profit sector in 2006-07.

Just under half (47 per cent) of the $68.3 billion in expenses was spent on labour costs.

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KEYWORD: ORGANISATIONS

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