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Fusion Australia_acnc Group

Charity reporting is up to date.

Public Benevolent Institution

PBI - Public Benevolent Institution

A Public Benevolent Institution (PBI) is a charity that specifically aims to relieve sickness, misfortune, helplessness, poverty, suffering, distress or disability.
Basic Religious Charity

BRC - Basic Religious Charity

Basic Religious Charity (BRC) are registered charities which exist for the purpose of advancing religion.
Tax deductible (DGR)

DGR - Deductible Gift Recipient

Organisations that are endorsed as Deductible Gift Recipients (DGRs) are entitled to receive gifts which are deductible from the donor's income tax. DGRs are either: endorsed by the Australian Tax Office (ATO) and fall in a general DGR category or, in exceptional cases, listed by name in the tax law.

There are specific requirements an organisation has to meet before being endorsed by the ATO as a DGR.

The process of endorsing a charity for DGR status is managed by the Australian Taxation Office (ATO).
Financial Report Consolidated

Financial Report Consolidated

Charities that are a members of an approved reporting group are not required to submit individual Annual Information Statements. Instead, their Annual Information Statement is submitted via Group Reporting as part of a larger group.

Key Information

Charity Status

Charity reporting is up to date.

Charity Size

VL

Extra Small (<$50k)
Small ($50k-$250k)
Medium ($250k-$1m)
Large ($1m-$10m)
Very Large ($10m-$100m)
Extra Large (>$100m)

Revenue $11.5m

Years in Operation

N/A

Operating State(s)

No reported operations

Overseas Operations

Not Operating Overseas

Number of Employees

78.7

FTE Employees

350

Volunteers

% Revenue from Govt.

59.1%

Revenue from Govt. ($6.8m)

Total Expenses

$12.4m

107.3% of Revenue

% Revenue from Donations

6.0%

Revenue from Donations ($689.8k)

Grants for Use in Aus.

$1k

0.01% of Expenses

Grants for Use Outside Aus.

$58.5k

0% of Expenses

% Employee Expenses

60.9%

Employee Expenses ($7.5m)

More Details

Basic Information

Purpose statement

Purpose statement

A charitable purpose (also called a mission or object) is the reason a charity has been set up and what its activities work towards achieving. All charities registered with the ACNC must have a charitable purpose. This purpose is usually set out in the charity's governing document.

Fusion Australia is a Youth and Community movement of people motivated by Christian values and the belief that people matter, operating out of 16 centres across Australia. Fusion works in partnership with government agencies, community organisations, business and the Church to respond to local needs and work towards building communities that thrive.

FINANCIAL DATA

PEOPLE

PROGRAMS

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SIMILAR CHARITIES

2023 Financial Data

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This charity reports as a group for financial purposes, for contact information and address, please visit the individual group member pages from the links below.

2023 Revenue Breakdown

Total Revenue $11,508,171$11.5m

2023 Expenses Breakdown

Total Expenses $12,353,022$12.4m

Total Gross Income (incl. $0.00$0 of other income e.g. gains): $11,686,563$11.7m

Fusion Australia_ACNC Group had a net deficit of -$666,459-$666.5k

2023 Assets Breakdown

Total Assets $17,482,668 $17.5m

2023 Liabilities Breakdown

Total Liabilities $5,913,609$5.9m

Fusion Australia_ACNC Group have net assets of $11,569,059$11.6m

2023 People

View data from

Staff Costs

$7.5m

65.4% of Annual Revenue

Full Time Equivalent Employees

78.72

Average Expense per Employee

$92.2k

Full Time Employees

34

30% of Employees

Part Time Employees

56

49% of Employees

Casual Employees

24

21% of Employees

This organisation is supported by 350 volunteers.

Charity Name	Group Name	ABN
Fusion Australia Ltd	Fusion Australia_acnc Group	26001273105
Fusion Australia As The Operator Of A Pbi	Fusion Australia_acnc Group	32973237520

Reports and Documents

Financial Reports

Financial Report

Annual financial reports provide financial information and act as an additional level of assurance about a charity's operations and financial affairs during a reporting period. They help charities meet the legislative obligations in the ACNC Act. Financial statements are prepared as required by the ACNC Act and Regulations using standards set by the Australian Accounting Standards Board (AASB). Unless the charity takes part in transitional reporting arrangements. Large charities must have their annual financial report audited. Medium charities can have their annual financial report either audited or reviewed.

Annual Reports

Annual report

A yearly publication authored by the charity which gives important information about its work and finances.

Annual Information Statements

AIS - Annual Information Statement

Charities report annually to the ACNC through the Annual Information Statement. The statement includes information about each charity's activities e.g. location, programs, beneficiaries, operations and basic financial information.