Charities and Not-for-Profit Organisations in Australia - Industry Market Research Report

Helping Hand: Increased Government Funding Has Provided Support to Sector Revenue

The charities and not-for-profit organisations (NFPs) sector employs almost 1.5 million paid workers, with revenue expected to total $199.5 billion in 2022-23. Increased government funding across a range of related activities has driven much of this growth. Donations from private philanthropic funds have also risen strongly over the period. Over the five years through 2022-23, sector revenue is expected to increase at an annualised 3.0%. This trend includes anticipated growth of 1.9% in the current year, with falling real household discretionary income constraining donations. The sector is not focused on making profits. However, it is prudent for organisations to record revenue surpluses, as revenue rising in any given year is not always certain. The average surplus in the sector has declined over the past five years.

This sector consists of organisations that exist for reasons other than financial gain. This broad classification includes charities and not-for-profit organisations engaged in activities such as healthcare, operating hospitals, education and sports, and also includes cultural and religious organisations.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.