76% of charitable organizations do not submit financial reports

22,417 Charitable Organizations Did Not Submit Financial Reports to the State Statistics Service Last Year. This is 76% of the total number of registered charitable organizations in Ukraine. Overall, there were 29,685 officially active charitable organizations last year.

You can check the financial reports of funds and NGOs through the Opentatabot services.

It’s important to note that the failure to submit financial data is not a trend caused by wartime. This tendency has been ongoing for several years. In fact, the situation has improved since the start of the full-scale war. In 2021, 94% of charitable organizations did not submit reports, and in 2022, 82.4% failed to do so.

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Opentatabot compared which regions have the highest rates of charitable organizations neglecting to submit financial reports. The majority of such organizations are in temporarily occupied and front-line regions: Luhansk region (98% do not report), Donetsk region (89% do not report), Kherson region (87% do not report). This is likely due to operational difficulties caused by ongoing hostilities. Other regions with high non-compliance rates include: Mykolaiv region (77%), Zaporizhzhia region (76%), Odesa region (75%).

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Non-profits that provide social assistance most frequently avoid submitting reports — 87%, followed by those involved in education — 6.8%, and public organizations (POs) — 4.3%.

Interestingly, the trend of avoiding reporting is even more pronounced among POs. Last year, 87.5% of all registered POs did not submit reports, while in 2022 and 2021, this figure was even higher at 90.8% and 96.5% respectively.

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«Since the start of the full-scale war, the government has not been fining companies for late submission of financial reports — including charitable and public organizations. Some organizations take advantage of this opportunity and do not report their finances.

However, the war does not cancel the need to report. Open financial reporting is a tool that helps increase the trust of people who donate their money and shows which organizations, despite being very busy, work transparently and openly for society. A clear example is the ’Come Back Alive’ fund,

— comments Denys Popov, a lawyer, insolvency practitioner, and legal engineer at Opendatabot.