Industry Analysis & Industry Trends
Charities and not-for-profit organisations may not sound like big business in Australia; however, the industry employs approximately one million workers on a paid basis, and revenue is expected to increase by 3.8% in 2012-13 to reach $112.2 billion. The industry's strong growth during 2012-13 is due to the 9.2% rebound in consumer sentiment during the year, after considerable volatility due to the global financial crisis. Over the past five years, industry revenue has increased by an average of 3.3% per year, and only fell briefly during 2008-09 when private and business donors cut back amid uncertain economic conditions.
The size of the industry is largely due to the huge array of products and services that Australian charities and not-for-profit organisations deliver... purchase to read more
Industry Report - Industry Analysis Chapter
The Charities and Not-for-Profit Organisations industry can be seen as the glue that holds Australian communities together. Routinely performing valuable work in areas of little appeal to profit-making enterprises, charities and not-for-profit organisations tend to complement the work of the public sector towards creating a dignified and compassionate society. The industry is large, with revenue expected to be in the order of $112.2 billion in 2012-13, an increase of 3.8% over the previous year. Despite enduring a challenging few years due to the global financial crisis, industry revenue has increased by an average of 3.3% per annum during the five years through 2012-13... purchase to read more