Not-for-profit sector raises €5 bln, regulation urged

"No other sector of such scale operates without governance and regulation."

12th March, 2013
The report's authors noted that the sector remains poorly regulated and called for improvements.

The not-for-profit sector raised almost €5 billion in 2011, up 3.7 per cent on 2010, according to a new report on fundraising in Ireland.

The report, conducted by 2into3 (www.2into3.com) and backed by insurer Ecclesiastical shows that not-for-profit organisations employ over 100,000 people with salaries representing 46 per cent of expenditure.

It was based on information from 1,000 charities.

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