Charities 'must get better at measuring social returns' - Third Sector

Charities 'must get better at measuring social returns' - Third Sector: "New Philanthropy Capital paper says SROI is being held back by poor quality of evidence
The charity sector could lose credibility with funders because of the poor quality of its impact measurement, according to the author of a new report.
A position paper published this week by the think tank New Philanthropy Capital examines how charities apply social return on investment, which measures an organisation's impact in financial terms.
It says that SROI, which has been backed by the Government, had the potential to be 'an incredibly useful tool for understanding and increasing charity effectiveness', but was held back by the low quality of the evidence in many SROI reports."