One fifth of Australian charities risk of closure

Nearly one-fifth of Australian charities are at risk of collapse due to COVID-19, according to new report.

Salvation Army teams are providing meals to evacuees and frontline responders. Source: The Salvation Army

A report launched today by the Centre for Social Impact and not-for-profit organisation Social Venture Australia forecasts a massive revenue drop and more than 200,000 job losses in the charity sector.