About this organisation
Summary of activities
RSL Care Limited is the Trustee of the RSL (QLD) War Veterans Homes Trust. The Trust was established to provide ex service men and women, their dependents and other members of the Australian community with accommodation, care and services. RSL Care is now one of Australias largest providers of retirement living and aged care services, operating 28 residential and retirement communities and providing a range of community based aged care services from 16 locations throughout Queensland and New South Wales. RSL Care pursued its charitable purpose in the last financial year by:offering a significant number of concessional places in its residential aged care facilities to clients in financial hardship (786 beds as at 30 June 2015);offering ex service persons in financial hardship concessional leases of units in its retirement living communities (185 units as at 30 June 2015) and discounted ingoing contributions (42 units as at 30 June 2015);waiving some co contributions to the costs of its community based aged care services that would normally be collected from its HomeCare clients;funding events of significance to its clients such as ANZAC day and Remembrance Day site based celebrations; and providing financial support to organisations which support service and ex -service personnel.
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Group membership
This charity is part of a group: RSL Care RDNS_ACNC Group. Other members of the group include:
Rdns Homecare Limited The Trustee For Rdns Charitable Trust Royal District Nursing Service Limited The Trustee For R.S.L (QLD) War Veterans' Homes Trust RSL Care RDNS Limited
Outcomes
Outcomes are self-reported by charities
Programs and activities
Name: Aged Care Activities
URL: https://www.boltonclarke.com.au/
Classification: Senior living (Human services > Shelter and residential care > Senior living)
Beneficiaries:- Adults - aged 65 and over
Finances
What is this?
This graph shows how much revenue (money in) and expenses (money out) the charity has had each year over the last few years. Charities have many sources of revenue, such as donations, government grants, and services they sell to the public. Similarly, expenses are everything that allows the charity to run, from paying staff to rent.
What should I be looking for?
First off, this graph gives a general indication of how big the charity is - charities range in size from tiny (budgets of less than $100,000) to enormous (budgets more than $100 million). You're also looking for variability - if the charity's revenue and expenses are jumping up and down from year to year, make sure there's a good reason for it.
Unlike companies, charities and not-for-profits aren't on a mission to make money. However, if they spend more than they receive, eventually they will go into too much debt and run into trouble. As a very general rule, you want revenue to be slightly above expenses. If expenses is reliably above revenue, the charity is losing money. If revenue is much larger than expenses, it means the charity might not be using its resources effectively. It isn't always that simple, however, and there's a lot of reasons a charity might not follow this pattern. They might be saving up for a big purchase or campaign, or they might have made a big one-off payment. If you're worried, always look at the annual and financial reports to understand why the charity is making the decisions it is.
What is this?
If a charity receives more money than it spends, that's a surplus (in business, it would be called profit). If it spends more than it receives, that's a deficit. This chart shows surpluses and deficits for the charity over the last few years.
What should I be looking for?
Unlike companies, charities and not-for-profits aren't on a mission to make money. However, if they spend more than they receive, eventually they will go into too much debt and run into trouble. As a very general rule, you want a charity to make a small surplus on average. A deficit means that charity lost money that year, which may indicate poor financial management or just a series of bad circumstances. If the charity always has a huge surplus, it means the charity might not be using its resources effectively. It isn't always that simple, however, and there's a lot of reasons a charity might not follow this pattern. They might be saving up for a big purchase or campaign, or they might have made a big one-off payment. If you're worried, always look at the annual and financial reports to understand why the charity is making the decisions it is.
What is this?
This chart compares the amount the charity receives from various sources, including donations (i.e. money given by the general public or philanthropy), goods and services, government grants, and other sources.
What should I be looking for?
Donations are an important source of revenue for some charities. Others rely more heavily on government funding, or on revenue from other sources. This is an indication of how much they need donors to accomplish their mission. Note that there is no 'good' or 'bad' amount of donations for a charity to have. It might be interesting to look at values over time - are they going up or down? A charity that gets less donations every year may be in trouble.
What is this?
Assets are things that the charity owns that are worth something. This could be anything from a car to investments. Similarly, liabilities are debts or obligations that the charity owes to someone else, like a loan or an agreement to pay for something.
What should I be looking for?
Firstly, in general a charity should have more assets than liabilities. If it doesn't, it implies that the charity might not be able to pay its debts, and you should look very closely at the charity's annual and financial reports to make sure they are taking steps to remedy this. Current assets should generally be above current liabilities - that means the charity can easily pay off the debts that are coming due soon. Beyond that, look for a large stockpile of assets. While a charity should have enough assets to keep it afloat in hard times (a 'buffer') if that stockpile gets too large the charity could be using that money more effectively. As always, if you have concerns check the annual and financial reports.
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