Poor regulation in €5bn charity sector, report finds

Ireland’s €5bn not-for-profit sector must be regulated, a report has urged.

The Fundraising Performance report by fundraising specialists 2into3 and sponsored by specialist charity insurer Ecclesiastical shows that organisations employ more than 100,000 people, with salaries representing 46% of spending.

The report, based on an analysis of accounts from 1,000 charities, shows funds continue to rise despite the recession, with about €4.9bn raised in 2011.