The commission, which regulates 185,000 registered charities with a combined income of over £24bn, said that the inquiries had directly protected £25.4m of charitable money. The report covers the 15 month period from January 1999 to the end of March 2000.
The commission said it had undertaken a review of the accuracy of its register, which helped lead to the removal of 10,500 charities. It plans to increase its investigations activity by 25%.
Chief Charity commissioner John Stoker said: ‘Accountability and transparency are increasingly demanded of charities and it is right that they are also expected of us.
‘Our annual report reflects how much the commission’s work has developed to meet the swift pace of change which charities are undergoing.’
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