Overview of Law & Government
Fundraising in the form of gaming (raffles,etc) is controlled by the Gaming and Wagering Commission Act 1987 other fundraising eg donations is controlled by the Charitable Collections Act 1946 and (minor) the Charitable Collections Regulations 1947
Raffle surplus (income minus costs) information estimates must be provided to the governing authority on application. But this information is not required to be passed onto the public. Many charities publish financial records with their annual reports and included is fundraising information but this is unlikely to be sourced by many members of the public and fundraising managers have been known to discourage fundraisers from discussing this information with supporters and prospective supporters. We also know that a Wagering and Gaming Commission policy requires indications of a 23% return in fundraising raffles for approval to be granted. This is considerable less than the requirements in NSW.
Charitable Collections info Raffles/Lotteries Raffles info (page 6-18) Charities code of practice