03-24-2022
09:52 PM
- last edited on
03-25-2024
11:57 AM
by
Michelle Fifis
This article was published on Pro Bono Australia this week discussing results from a report by the Centre for Social Impact (CSI) and Social Ventures Australia that found the prevailing funding model for not for profits is failing to cover indirect operating costs, threatening capability and effectiveness across the sector:
The report found that "indirect costs - such as IT, finance and human resources - comprised an average of 33% of total cost of running a charity".
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