Posts by martin murphy
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I dont think this charity is different to many others. They simply dont want to reveal their true efficiencies. NZ law allows this concealment by not requiring this information to be made public under the Charities Act. Ammend the Act and bring NZ into line with other countries. There are 23000+ charities in this country. Even if you assumed each had 5 paid workers, then thats 100,000 people that derive their income from public donations. It is in effect a form of social welfare. How many people realise that the money they receive from the public is TAX FREE. IRD gives them tax free status once registered with the Charities Commission. Keeping this in mind, my view is any charity that is less than 90% efficient is a rip off. FULL DISCLOSURE IS NEEDED NOW.