By Jia Xiaoguang, Sina English
A report by the China Charity Information Centre released yesterday indicated that more efforts must be exerted on information disclosure by philanthropic organizations, despite the overall improvement in 2012.
Viewed broadly, the “annual transparency index” of the charitable sector in China was 45.1 on a 100-point scale, up by 46% when compared to last year, the report showed.
The timeliness of information promulgation has also been significantly improved, rising by a remarkable 123%.
More specific data, which were drawn from surveys on 500 charity institutions across the nation, revealed that only 20% of the interviewed charities scored 60 or more when gauged by the index, with 20 of them rated 80 or more. As much as 162 organizations scored below 40.
Special attention was paid in the report to the public satisfaction of information transparency. Although 56% of the interviewees gave thumb-up to a more smooth information channel built over the year, still 61% were discontent and urged more openness in this area.
Compared with public and non-public foundations, Red Cross and charity societies rendered a much more dismal performance in the transparency rating, scoring just 35.2 and 35.4 respectively. Only 11 out of the total 124 charity societies surveyed were rated 60 or more.
Those run in the economically developed eastern regions enjoyed higher transparency rate than their western counterparts, said the report.