The national charity regulator, the Australian Charities and Not-for-profits Commission (ACNC), announced that it has revoked the charity registration of 1,244 charities for repeatedly failing to meet their reporting obligations.
The charities that have had their registration revoked have failed to submit two Annual Information Statements to the ACNC. Without ACNC registration, they will not be eligible for Commonwealth charity tax concessions.
ACNC Commissioner, the Hon Dr Gary Johns, said submitting an Annual Information Statement each year is a legislative requirement to maintain charity registration.
To view the ACNC article in full, click here.