Fundraisers are calling for a deceleration on new charity approvals, saying the hundreds of new organisations being registered each month is resulting in more competition for funding, and causing confusion among funders on where best to spend money.
According to the Australian Charities and Not-for-profits Commission (ACNC), Australia currently has 57,000 registered charities, with the number growing by four per cent each year.
Katrina Hosie, head of fundraising and philanthropy at Very Special Kids, told Pro Bono News after 12 years in the sector, it was becoming increasingly difficult to secure funding, which she put down in part, to the fact there were so many charities now vying for the same, limited amount of money.
“With so many new charities coming in at such a rapid rate, the increase in competition for finite government and philanthropic funding is noticeable,” Hosie said.
“You can put in so much effort and produce a high quality submission, but the return on your effort can be very low in actual dollars.”
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