Program expenditure 81%
Fundraising costs 14%
Accountability & administration 5%
ChildFund Australia is committed to maintaining public accountability and can demonstrate efficiency in the use of funds.
Every year, the financial accounts of ChildFund Australia and our country offices in Cambodia, Laos, Myanmar, Papua New Guinea and Vietnam are audited by accounting firm KPMG.
Spending on development programs and emergency relief increased by 5% to $41m during the last financial year, and accounted for 81% of total expenditure by ChildFund Australia.
ChildFund Australia is a member of the Australian Council for International Development (ACFID) and a signatory to the ACFID Code of Conduct. The Code requires members to meet high standards of corporate governance, public accountability and financial management.
ChildFund Australia is fully accredited by the Department of Foreign Affairs and Trade which manages the Australian Government’s overseas aid program. Accreditation is a stringent process in which all operational activities – financial, managerial, fundraising and program – are analysed.
The Australian Taxation Office has also endorsed ChildFund Australia as a deductible gift recipient and income-tax exempt charitable entity.
ChildFund Australia is a member of the Fundraising Institute of Australia (FIA), and a signatory to its Principles & Standards of Fundraising Practice, which require all members to adhere to ethical, accountable and transparent fundraising.