Maintaining and demonstrating external accountability is of the utmost importance to us. We are therefore an organisational partner of the Fundraising Institute of Australia, we comply with the standards of Missions Interlink and we are independently audited annually by PricewaterhouseCoopers. External audits are conducted annually to ensure all our finances are being used appropriately and fairly. These audits are conducted in accordance with the Australian Auditing Standards, and comply with the independent requirements of the Corporations Act 2001. We also produce an Annual Report.
In addition, we are a member of Compassion International, which receives top ratings from a Charity Navigator and the American Institute of Philanthropy, and ensures that we comply with high standards of excellence. Our Board of Directors is responsible for the governance of Compassion Australia as an organisation.
How Donations are Used
Approximately 80 per cent of donations to Compassion is used for:
- The development, delivery and supervision of programs
- The purchase of goods and services for the direct benefit of the children in our programs
- To inform and update sponsors and facilitate their personal relationship with their sponsored child.
- For community education in Australia
Approximately 20 per cent is allocated to cover all administration and fundraising costs in Australia.
One hundred per cent of child, family and project gifts are sent through Compassion to the child development centre, where staff members assist the children and/or families in the purchase of appropriate goods. We do not use child sponsorship funds for community development activities; these are funded from other sources like Sponsorship Plus and Critical Interventions.