Tag: Benefacts

SORP adoption in Ireland

SORP or SORP-ish?

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Most people in the nonprofit sector are by now aware of Charities SORP.  This is a standard for financial reporting specifically devised to make the financial transactions of charities more transparent especially in terms of how and where charities have raised their funds and how the funds have been used.

Adoption of charities SORP is promoted as best practice by sector leaders and it forms one piece of the “Triple Lock” standard.  This is seen by the Charities Institute of Ireland as fundamental to restoring trust in charities (the other two elements of the triple lock are the Governance Code and the Statement of Guiding Principles for Fundraising).

Benefacts is the only source of information about which charities use the SORP standard in Ireland, where its adoption is still voluntary.  The Charities Regulator will be coming out soon with a mandatory financial reporting standard for Irish charities, generally expected to follow the FRS 102 Charities SORP quite closely.

By reviewing what all charities actually report in their annual published financial statements, Benefacts is able to provide a detailed picture about the emergence of higher reporting standards, which has never been available before now.

Currently, 488 organisations in the Benefacts database of Irish nonprofits say that they follow the charities SORP reporting standard. But on closer inspection, 87 of these have chosen to adopt some of the features of SORP and only 401 can in fact be seen to be fully in compliance in terms of the accounting policies as specificied by the SORP-making body authorised by the Financial Reporting Council (FRC).  Benefacts has used this compliance standard as verified by the entity’s auditors as the benchmark for reporting Charities SORP compliance in the future.

Interestingly, a handful (17) of nonprofits that have adopted Charities SORP are not yet publicly registered as charities in Ireland.

In 2015, the total number of SORP reporters whose accounts are publicly accessible represented 9% of all registered charities. Here’s the list.  We’ll report on trends in SORP adoption again in our 2018 Sector Analysis Report.

Benefacts.ie is the only source of up to date analysis of all nonprofits (charities or otherwise) adopting the three standards (SORP, Governance Code and Statement of Guiding Principles for Fundraising). Use the facets on the left-hand side of the Benefacts search results screen to select which reporting standard you’re interested in – see image for example.

Almost 20,000 Nonprofits in our New Website Release!

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We have just added 704 additional nonprofits to the Benefacts Database of Irish Nonprofits, which increases the number of Irish nonprofits you can find here from 18,586 up to 19,290.

Now included in the database are:

Our thanks to the Registrar of Friendly Societies and the Librarian of the Houses of the Oireachtas for their help in getting a lot of this data online for the first time!

Benefacts Open Datasets

As well as adding new organisations to the scope of the database, we’ve released an open dataset about all of the nonprofits in the Benefacts Database of Irish Nonprofits. We’ll be keeping this live which means it will get updated every day as we feed fresh data that we in turn acquire from 8 public sources.

The data is provided in “open” formats – this means that it can be universally and readily accessed and downloaded, and is also machine-readable. Benefacts Open Datasets can now be downloaded here, and we also publish daily updated files to the Government’s Open Data portal.

Benefacts.ie is now 6 months live

Since going live in May 2016, more than 25,000 unique visitors have accessed our site for data about Irish nonprofits.  We’re marking the anniversary with some design and content updates to the website.

Tell us what you think

We’ve updated the homepage to make it more user-friendly and we have further developments to the website planned in coming months – watch this space!

We are always interested in your thoughts about our website please tell us what you think of what you’ve seen so far and also stay tuned as we are rolling out a user survey next week.

For regular updates from, make sure to follow us on Twitter, join the discussions on LinkedIn and subscribe to our e-newsletters.