Expenses covered by month
This measure gives an approximation of time, indicating how long a charity could cover it’s expenses using their net current assets should revenue immediately stop.
Months of expenses covered = Net current assets / (Total monthly income – Total monthly expenses).
Integrity, honesty and unbiased assessment are at the core of Giving Guide’s mission. The charity sector is important to the economy and culture of Australia, We believe independently assessing the accountability, transparency and effectiveness of the sector beyond what is currently available is important to it's future.
Giving Guide anticipates enhancing the level of governance and transparency in the Australian charity sector. An independent charity advisor would benefit the sector by helping charities consider exceeding the existing governance standards of the Australian Charities and Not-for-profits Commission (ACNC) to the benefit of donors.