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New report suggests charities often overstate governance costs

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Regulator’s report finds charities are making basic errors in their annual reporting.Charity Commission logo

A report published today by the Charity Commission suggests that many charities may be incorrectly overstating their governance costs in their public annual returns or their accounts.

The regulator identified 76 charities with an annual income of over £500,000 that appeared to have high governance costs according to their returns. The regulator defined this for the purpose of the review as reported governance costs of more than 20% of their total expenditure. (See Notes to editors).

Read the rest of this article on the Gov.UK website.

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Tender opportunity: Torfaen Rural Regeneration Project – Lead Organisation
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Transparency data – Accounts monitoring: High governance costs

Please note that C3SC cannot take responsibility for the information other organisations produce, for example, in their resources, and on their websites. The views of other organisations are not necessarily the views of C3SC.

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