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Meaningful Ageing Australia Ltd

Charity detailed scoring and metrics

Transparency
This charity is up-to-date on the ACNC, and has financial reports available. It has recent annual reports available on its website but not historic ones. It does not have a privacy policy available.
Finances
This charity has more assets than liabilities, and has asset coverage of 16 months of expenses. It has made 1 losses in the last five years.
Outcomes
This charity has not yet added outcomes
This charity is yet to add outcomes or an outcome measurement methodology to the ChangePath platform.
Contents
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About this organisation

Summary of activities

Meaningful Ageing Australia is the national peak body for championing the importance of spiritual care for the emotional wellbeing and quality of life of older people, especially those receiving care in all settings. Our work involves advancing research, education, consultancy, advisory for the aged care and related sectors, health care practitioners, government, older people, caregivers, palliative care, culturally diverse communities and partnerships with other peak aged care bodies. Vision: for every older person to feel at ease in their life so they know and feel belonging, connection and a sense of wholeness. Mission: To support older people by promoting an inclusive understanding of spiritual care, developing capabilities and confidence to recognise and enable spiritual care, and advocating for the value for spiritual care.

Outcomes

Outcomes are self-reported by charities

This charity is yet to add outcomes or an outcomes measurement methodology to ChangePath.

Programs and activities

Finances

What is this?

This graph shows how much revenue (money in) and expenses (money out) the charity has had each year over the last few years. Charities have many sources of revenue, such as donations, government grants, and services they sell to the public. Similarly, expenses are everything that allows the charity to run, from paying staff to rent.

What should I be looking for?

First off, this graph gives a general indication of how big the charity is - charities range in size from tiny (budgets of less than $100,000) to enormous (budgets more than $100 million). You're also looking for variability - if the charity's revenue and expenses are jumping up and down from year to year, make sure there's a good reason for it.

Unlike companies, charities and not-for-profits aren't on a mission to make money. However, if they spend more than they receive, eventually they will go into too much debt and run into trouble. As a very general rule, you want revenue to be slightly above expenses. If expenses is reliably above revenue, the charity is losing money. If revenue is much larger than expenses, it means the charity might not be using its resources effectively. It isn't always that simple, however, and there's a lot of reasons a charity might not follow this pattern. They might be saving up for a big purchase or campaign, or they might have made a big one-off payment. If you're worried, always look at the annual and financial reports to understand why the charity is making the decisions it is.

Transparency

Scoring detail

Details

Charity ACNC information last updated: 2024-10-28
Charity website information last updated: 2023-01-20
Charity information updated by charity: No