---
title: "Charity size and the ACNC financial report that follows from it"
url: "https://ailawframework.com/precedents/not-for-profit-charities-and-associations/charity-size-and-financial-report"
type: "precedent"
site: "AI Law Framework"
id: "a35-charity-size-and-financial-report"
area_id: "A35"
kind: "checklist"
ai_level: "green"
version: 1
task_ids: ["A35-F20261018-2"]
law_stated_as_at: "2026-10-22"
---

# Charity size and the ACNC financial report that follows from it

> Table for a registered charity's size from annual revenue, using the thresholds for reporting periods from the 2022 Annual Information Statement, and the report, basis and audit the ACNC page attaches to that size.

Canonical page: https://ailawframework.com/precedents/not-for-profit-charities-and-associations/charity-size-and-financial-report  
Law stated as at: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

- Kind: Checklist. Steps or checks to work through and tick off.
- Practice area: [Not-for-Profit, Charities & Associations](https://ailawframework.com/precedents/not-for-profit-charities-and-associations.md)
- Jurisdictions: Australia, Commonwealth
- AI level: Green. The tool writes the first draft inside a template you have already tested. You check it. Without that test, first drafting starts at Yellow.
- Law stated as at: 2026-10-22
- Status: Maintained. Checked on 2026-10-22 against the authority it cites, for Australia and Commonwealth.

## When to use it

Use when deciding what financial report a charity lodges with the ACNC for a current reporting period. It is not the Annual Information Statement and it does not calculate revenue.

## Used for these tasks

- [Determine the charity’s size and the financial reporting, review or audit it needs](https://ailawframework.com/practice/not-for-profit-charities-and-associations/determine-the-charity-s-size-and-the-financial-reporting-review-or-audit.md)

## How AI may be used

AI may place the revenue figure the lawyer enters into the published band and list the report type that band requires.

**AI may:**

- Select small, medium or large from the revenue figure entered for a reporting period starting with the 2022 Annual Information Statement
- List whether an annual financial report is optional or required for that band
- Flag a file that still uses the pre-2022 thresholds

**AI must not:**

- Must not calculate revenue or decide what is revenue rather than other income
- Must not decide whether the charity is a reporting entity or which accounting standard applies
- Must not treat a Basic Religious Charity as if the ordinary medium or large row applied

**The lawyer checks:**

- The period is one covered by the 2022 thresholds, not the 2021 and earlier thresholds on the same page
- Revenue is not replaced by total income. The page says revenue plus other income equals total income
- A medium charity is reviewed or audited, and a large charity is audited, unless a footnote on the page applies and has been read
- The governing document and any grant deed are checked for a stricter audit requirement than the ACNC row

## Authorities

- [ACNC, Charity size (from the 2022 Annual Information Statement: small under $500,000, medium from $500,000 and under $3 million, large $3 million or more; report and audit by size)](https://www.acnc.gov.au/tools/topic-guides/charity-size)

## Full text and drafting notes

The full text and the drafting notes are not part of this public page. Signed-in firm accounts can read them at https://ailawframework.com/precedents/not-for-profit-charities-and-associations/charity-size-and-financial-report and through the signed-in MCP connector https://ailawframework.com/mcp/firm.

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*