Government Funding vs Reserves Growth

Are charities receiving government funding also accumulating reserves? This analysis compares the growth rate of government grants against reserve accumulation to identify patterns in fund deployment.

Key Finding (2012-2025)

Government funding growth (359.7% avg) and reserve growth (345.4% avg) are relatively balanced, suggesting funds are being used appropriately.

Avg Govt Growth
+359.7%
per year
Avg Reserves Growth
+345.4%
per year
Growth Gap
-14.2pp
reserves vs govt
Reserve Accumulators
153
of 257 charities

Government Funding vs Total Reserves Over Time

Bars show total government grants distributed. Line shows combined net assets (reserves) of all charities receiving government funding.

Year-over-Year Growth Rates

How to Interpret

  • Healthy: Reserves growth roughly tracks government funding growth (within 5 percentage points)
  • Concerning: Reserves growing significantly faster than government funding suggests charities may be accumulating reserves rather than deploying funds to programs
  • Reserve Accumulators: Individual charities where reserves grew 10+ percentage points faster than their government funding

Data sourced from Charities Services register and annual returns. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@charitydata.co.nz.

For informational purposes only. Not investment advice.