From Intelligent Giving:
ADMIN COSTS ARE DEAD. With the new accounting system enforced by the Charity Commission (“SORP 2005″), which nearly all charities are now observing, it is now impossible to work them out – and we will have to drop them from our site in the New Year.
The change represents an over-reaction (presumably an uncontested one) by the voluntary sector’s lobbyists. Clearly the public wasn’t consulted about the new SORP; but the public wants at least *some* clue of how much is spent on support costs. Now it won’t have anything to go on at all.
It’s a pyrrhic victory and a big shame: it won’t increase the public’s confidence in charities; it will just make people more suspicious.
I haven’t really got anything to add to this – I’m still in holiday-mode so haven’t looked into this any further. I’ll try and find out more in the New Year, but thought it was interesting enough to post now.