27% of Irish NGOs file abridged accounts

A major report into the Irish NGO sector shows that more than a quarter of all organisations chose to file abridged financial statements, which “provide no information about the sources of their income”.

Using public data derived from more than 8,000 nonprofit company reports for 2013, 2014 and 2015 in Ireland, the report has identified some key trends in the sector, which employs almost 150,000 people, turns over nearly €11bn annually and accounts for 8% of all current Exchequer expenditure.

The report was compiled by Benefacts, an NGO that provides free public access to extensive information about the entire non-profit sector in Ireland. One of the key trends was in relation to how NGOs file their accounts.