Reporting on the Public Benefit of your charity

Image result for charity public benefitIt is a legal requirement that trustees of registered charities must report each year in their trustees’ annual report on how they have carried out their charity’s purposes for the public benefit.  Trustees of smaller registered charities (where gross income does not exceed £500,000) must report on public benefit by:

• including a brief summary setting out the main activities undertaken by the charity to carry out its charitable purposes for the public benefit

• including a statement as to whether they have complied with their duty to have due regard to the commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant

Public benefit reporting, when done well, can be an effective tool for trustees as it helps a charity to

• stay focused on what their charity is there to achieve (its purposes) when planning activities

• demonstrate what their charity does and the value of its work, particularly when applying for grant funding or fundraising

• link with impact reporting and demonstrating the charity’s transparency and accountability

• improve the overall quality of reporting on the charity’s work

More details can be found here