Entitled Managing in a Downturn, the survey was conducted during April and May 2009, and focuses on the perceptions of not-for-profits (NFPs) across Australia of the economic downturn’s impact on their income and expenditure, as well as management actions they have implemented or are planning to help them through the downturn.
– NFP incomes are declining, and are expected to continue to decline.
– Government funding still a stable source of income, while investment incomes have suffered.
– Large organisations are faring better as their revenues have declined less and they typically have larger reserves.
A collaboration between PricewaterhouseCoopers (PwC), the Fundraising Institute Australia and the Centre for Social Impact, the survey draws upon a similar survey conducted by PwC in the UK last year.
Major events such as the bushfires in Victoria and floods in Queensland led to very substantial charitable contributions across Australia. Respondents were asked to consider their survey responses outside the one-off impact of these natural disasters.
Third Sector acknowledges the traditional custodians of the lands where we live, learn and work. We pay our respects to Elders past, present and emerging.