Tuesday, March 22, 2005

Catholics lead rise in charity revenue - National - www.smh.com.au

Catholics lead rise in charity revenue - National - www.smh.com.au: "Catholics lead rise in charity revenue
March 23, 2005

Australia's charity and not-for-profit sector may be worth more than twice the Tax Office's estimate of $30 billion a year, research shows.
Churches generated almost $23 billion in 2004, with the Catholic Church turning over almost two-thirds of that, an investigation by BRW magazine found. It estimates the not-for-profit sector is worth $70 billion a year.
The BRW list of 200 charities adds up to an estimated $22.8 billion, not including clubs (at least another $8.8 billion) and health funds ($7.5 billion)."

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