Organisations with income over £25,000 will now have their annual reports published on the regulator's website
Scotland's charity regulator has announced it is to publish the annual reports and accounts for all charities with an annual income over £25,000, as well as all SCIOs (Scottish charitable incorporated organisations).
The move comes after the Office of the Scottish Charity Regulator (OSCR) consulted on proposed changes to the way it works and how it plans to monitor charities in future.
In what has been its biggest ever response to a survey, the body said it will be publishing its report on the consultation in the next few weeks.
“The public already has the right of access to charities’ most recent set of accounts on request, so this proposal really just makes it even easier to view useful information about charities and their work,” OSCR says in its newsletter.
“Our hope is that this step will also help to drive up standards and encourage charities to set out clearly how the assets they hold are being applied for public benefit.
The regulator added: “We have some issues to bottom out, such as the redaction of signatures from documents, but we’re working on that as part of the project and our intention is to have this facility available by the end of this calendar year.”