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As we enter the year 2024, it is important to take a moment to reflect on the exceptional year we had in 2023. From the perspective of our company, colleagues, clients, friends, and the charities we support, 2023 was truly remarkable. Here's a snapshot of our 2023 in numbers. #YearInReview #Success2023

Hear from Weh Yeoh, Author of Redundant Charities, on his thoughts on the development world in 2024. “These charities are unique because they’re thinking about how to deliver outcomes with less resources by solving problems rather than addressing symptoms”. Check out Weh's thoughts on 2023, the year ahead and where development is heading in our leaders series. https://lnkd.in/gHy7YK4X

Learn about the charities you wish to support and explore the various ways your generosity can also be tax-efficient. https://bit.ly/46vFWe1

Did you see the 10th annual report Australian Charities Report? It’s a great resource to share with your Board - especially those who aren't actively involved in the NFP or charity sector and might not be across the major trends. Of interest to us at Benefolk was: 📈 Unlike 2021, all charity sizes experienced revenue growth in 2022 💵 Total revenue increased by $11 billion to a record $200 billion, but at the same time expenses increased by $21 billion. 😲 The net income figure recorded across the sector – $5.7 billion – was the lowest figure the ACNC has ever reported. ✳ While the sector’s assets grew by 8.3% to $457 billion during 2022, total liabilities increased by 11.5% to reach $158 billion. 💳 In 2022, the charity sector’s total expenses increased by $22 billion (12.6%) to $195.8 billion. The increase of 12.6% was twice the rate of inflation. We are grateful to Sue Woodward AM and her team at Australian Charities and Not-for-profits Commission for ensuring this data continues to be shared widely with all Australians, to help us better understand our important charitable sector.

Quality leadership built on quality work addressing a real set of needs people have.

We can all name some obvious risks facing charities today, but what about the more subtle ones? Does your board have oversight of these, and a robust plan for managing them? Join us on Monday 13 November to gain increased understanding of the modern risks facing charities and how you can approach managing them. https://lnkd.in/e9eErxxF

These ten charts show why all charities, whatever their size, need a strategic plan. All charities – whatever their size – need a strategic plan, and the start of a new year is the perfect time to begin thinking about yours. A quick look into the future demonstrates that charities must be ready to navigate uncertainties and tackle significant challenges. See all ten charts and find out the full facts here: https://lnkd.in/e6rspTB8

Looking for ways to support your favorite charities? In our August Wealth Strategies Webinar, two Baird experts explain the options, from donating appreciated stock to establishing a private foundation. https://bit.ly/42S8tKP

Take a closer look at how Togetherly’s Events Calendar is transforming the way charities manage and plan sessions. Discover the efficiency of #Togetherly and elevate your planning today! #SchedulingTool #CharityTech