Non-profit organisations include charitable, religious and community service bodies; sporting and recreational clubs; business and professional associations, and trade unions; private schools; some hospitals; and some large financial and insurance companies.
Research suggests there are around 700,000 non-profit organisations in Australia. Most are not required to register in the revenue system because their turnover is below the minimum threshold level or they are non-taxable. Around 190,000 non-profit organisations are registered with the ATO.
More than 10% of people employed in Australia work for non-profit organisations.
Non-profit organisations are entitled to a range of tax concessions, some of which require the organisation to be endorsed by the ATO or be named in law.
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