Sources of Income
SUMMARY OF OPERATIONS
At the end of June 2007, there were 794 not-for-profit health organisations in Australia. Examples of these types of organisations include aged care residential establishments providing high care health services, community health centres, flying doctor services, general and specialist medical practices (such as psychiatry) and allied health services (such as dental and optical).
Collectively, these organisations employed 99,665 people at the end of June 2007. Permanent part-time employees accounted for 58% (57,792 people) of total employment. Permanent full-time and casual employees accounted for 24.7% (24,635 people) and 17.3% (17,237 people) respectively.
In addition to paid employees, there were 61,716 volunteers during the 2006-07 financial year.
Industry value added by these organisations was $3.5b.
SOURCES OF INCOME
During the 2006-07 financial year, not-for-profit health organisations received $5.6b in income.
The graph below shows that the main source of income for these organisations was funding from federal, state and local government, which accounted for nearly two thirds (65.8% or $3.7b) of total income. The majority of this funding was volume based, for example, received on a per patient basis (74.2% or $2.7b), with a further 24.3% ($0.9b) received on a non-volume basis.
SOURCES OF INCOME,
Income from services accounted for 21.6% ($1.2b) of total income, and investment income 4.4% ($0.2b).
During the 2006-07 financial year, not-for-profit health organisations incurred $5.1b in expenses.
The graph below shows that the main expense item for these organisations was labour costs, which accounted for 63.3% ($3.2b) of total expenses.
Purchases accounted for 12% ($0.6b) of total expenses, and depreciation and amortisation accounted for 5.4% ($0.3b).