Our finances

Resources are essential for building strong infrastructure and increasing our effectiveness and impact for children experiencing poverty, so they can build skills to change their futures.

In the five years to June 2023:

• 72% of donations from our supporters has been spent on our community programs
• 28% of our resources has been invested in the vital activities that build our continuing organisational capacity and sustainability

However, our funding allocation to community programs is just one measure of effectiveness. Another critical dimension is the positive impact our investment in resources and activities has in supporting our four long-term program outcome measures. We track and report:

The Smith Family is committed to improving the long-term educational outcomes of young Australians living with disadvantage.

To achieve this, our support starts in a child's early years, when we work with their family and community to build those important foundational skills children need to succeed at school.

Once a child starts school, we ensure they have the everyday school essentials and extra support they need to engage fully with their education, from kindergarten to Year 12. If they go on to tertiary education, we connect them with a mentor, and provide additional resources to help them take the first steps in their chosen career.

We also support parents and families by enabling them to develop confidence and skills to engage positively with their child's education. With this assistance, parents can help their children reach their full potential.

Our long-term, targeted educational support gives children and young people opportunities to develop the tools they need to break the cycle of disadvantage and build a better future for themselves.

   
The Smith Family was awarded Gold and a special 'Best of sector' at the Australasian Reporting Awards in 2024.

Annual Report 2022–23 PDF
Financial Report 2022–23 PDF

Annual Report 2021–22 PDF
Financial Report 2021–22 PDF

Annual Report 2020–21 PDF
Financial Report 2020–21 PDF

Annual Report 2019–20 PDF
Financial Report 2019–20 PDF

Annual Report 2018–19 PDF
Financial Report 2018–19 PDF

The Smith Family is a registered charity. We are governed by a constitution and embedded governance structure that enable us to achieve our mission in a way that is consistent with our vision, values, and strategy.

The Smith Family's charitable status

The Smith Family’s status as a Public Benevolent Institution (PBI) was confirmed in July 2005 by the Australian Taxation Office as part of its registration requirements for all non-profit entities, as was the organisation’s status as an Income Tax Exempt Charity and a Deductible Gift Recipient. The organisation enjoys certain other tax concessions and exemptions consistent with its status as a PBA which relate to Goods & Services and Fringe Benefit Taxes.

The Smith Family is registered as required by law in each State and Territory where it raises funds as follows:

Australian Capital Territory

Registration number L19000133 – registration is ongoing subject to continued registration with the ACNC

New South Wales

Registration number CFN 11049 – renewable in 2024

Queensland

Registration number CP 4163 – registration is ongoing subject to meeting certain annual financial reporting requirements

South Australia

Registration number CA 778 – registration is ongoing subject to meeting certain annual financial reporting requirements

Tasmania

Registration number FIA-170 – registration is ongoing

Victoria

Registration number FR 0010290 – registration is ongoing subject to continued registration with the ACNC

Western Australia

Registration number CC 20352 – registration is ongoing subject to continued registration with the ACNC

Smith Family is a company limited by guarantee (ABN 28 000 030 179). The Smith Family’s auditor is Ernst & Young. Legal services are provided by King & Wood Mallesons and banking by Westpac Banking Corporation.