Small and medium-sized charities are being invited to make use of a free impact-monitoring and reporting tool that has been launched by a not-for-profit organisation.
Impactasaurus, which was launched today, has been developed by volunteers with the aim of providing a simple way to allow smaller social groups to understand their impact and demonstrate it to investors.
Dan Reynolds, founder of Impactasaurus, said: "We set out to make it easier for small and medium-sized charities to measure their social impact.
"After two years of development and trials, we believe Impactasaurus delivers on that promise, allowing anyone helping individuals to measure their impact."
The tool was beta-tested by more than 100 small charities, he said.
It includes a catalogue of questionnaires for use with beneficiaries, who can complete them in person or online.
The tool can generate impact reports covering the whole organisation or just targeting a single project or area.
Impactasaurus’s running costs are being funded by donations, so the tool is free for charities to use, its website says.
The organisation said it would give at least two months’ warning if the situation changed and it was forced to start charging, although it would provide support to migrate to another system if charities decided they would prefer not to pay.
The product would remain free for any charity that had been involved in the testing phase, the organisation said.