The Australian Charities and Not-for-profits Commission (ACNC) has notified more than 1,000 charities they risk losing registration because they have repeatedly failed to meet their reporting obligations.
Assistant Commissioner General Counsel Anna Longley said it is important that charities submit required information to the ACNC.
‘To retain registration all charities must submit an Annual Information Statement, or AIS. We have notified around 1,100 charities they have failed to submit two or more statements,’ Ms Longley said.
‘It is likely that many of them are not operating any more. However, as part of winding up a charity it is a requirement that they let us know via an online form.
‘Those that are still operating risk having their registration revoked and could lose access to tax concessions and other benefits. Under the ACNC’s regulatory approach, we aim to help eligible charities stay registered, but this relies on them working with us to meet their obligations’.
The ACNC uses the information that charities submit in the AIS to keep data on the Charity Register accurate and up to date.
‘Accountability and transparency are critical to maintain public confidence in the sector. In keeping the Charity Register up to date, the ACNC plays an important role in that,’ Ms Longley said.
To submit an overdue AIS or to request registration be cancelled, go to the Charity Portal.