Excessive reporting burdens benefit neither the charity nor their funders. It is also costly. We calculated that an estimated £450m each year of Scottish charities’ money is spent on reporting to donors.
In Turning the tables, we make a number of recommendations to charities and funders to make reporting more effective. For example, instead of offering bespoke reports to multiple donors, charities could create their own standard report to be sent to all funders.
We believe there are a number of potential benefits from standard reporting, including:
- An improvement in the quality and efficiency of reports
- A greater focus on outcomes and evaluation
- Freeing up more money to improve services