Annual Information Statement 2020

Legal Name
TEAR Australia
ABN
85085413832

About the charity

Charity size
Large
Does the charity fundraise online?
Yes
Is the charity an incorporated association?
No
Does the charity intend to fundraise in the next reporting period?
Yes
Select the state/territory where the charity intends to fundraise in the 2020 reporting period
  • NSW fundraising number: 17119
  • QLD fundraising number: CH1518
  • SA fundraising number: CCP2785
  • TAS fundraising number: F1A-48
  • VIC fundraising number: 10798.18
  • WA fundraising number: CC20422
Is the charity a Basic Religious Charity?
No

Charity programs

Program name
Emergency relief and community development work
Program classification
International development
Program locations
Australia, Africa, South Asia, South East Asia, Pacific Nations
Program beneficiaries
  • Aboriginal and Torres Strait Islander people
  • Financially disadvantaged people
  • People with disabilities
  • Victims of disaster
  • Overseas communities or charities

Description of the charities activities and outcomes
Through the work of local partners, Tearfund Australia is able to provide long-term sustainable development in poor communities around the world. Often this work is in difficult and challenging environments where vulnerable people may feel neglected or forgotten. Tearfund supports projects that meet the particular needs of these communities such as food security, water and sanitation, basic health and education, and disaster relief and recovery. Due to COVID19, many project partners pivoted their work to sustaining communities through the challenges of the pandemic.
For more details on Tearfund's work go to https://www.tearfund.org.au/what-we-do/how-we-work

Human Resources

Employees and volunteers
  • Full time employees: 20
  • Part time employees: 36
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 42
  • Estimated number of volunteers: 300

Financial Reporting

Charity's 2020 reporting period
1 July 2019 to 30 June 2020
Type of financial statement
General purpose financial statements
Financial report consolidated with more than one entity?
No
Did your charity have any related party transactions?
No
Does your charity have documented policies or processes about related party transactions?
Yes
Financial report submitted to a state/territory regulator?
Yes
Type of organisation
My charity is a charitable fundraising organisation
State or territory of the regulator where financial report was submitted
Western Australia

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$11,440,200.00
Revenue from providing goods or services
$186,610.00
Revenue from government including grants
$4,423,347.00
Revenue from investments
$38,393.00
All other revenue
$87,816.00
Total revenue
$16,176,366.00
Other income (for example, gains)
$0.00
Total gross income
$16,176,366.00
Expenses
Employee expenses
$4,088,191.00
Interest expenses
$0.00
Grants and donations made for use in Australia
$192,962.00
Grants and donations made for use outside Australia
$8,856,493.00
All other expenses
$1,788,453.00
Total expenses
$14,926,099.00
Net surplus/(deficit)
$1,250,267.00
Other comprehensive income
$0.00
Total comprehensive income
$1,250,267.00

Balance Sheet extract

Assets
Total current assets
$2,822,406.00
Non-current loans receivable
$0.00
Other non-current assets
$11,623,359.00
Total non-current assets
$11,623,359.00
Total assets
$14,445,765.00
Liabilities
Total current liabilities
$1,414,126.00
Non-current loans payable
$0.00
Other non-current liabilities
$76,030.00
Total non-current liabilities
$76,030.00
Total liabilities
$1,490,156.00
Net assets/liabilities
$12,955,609.00