Guidestar and Experian create third sector database

Paid-for service 'will make charities and their resources more visible to public and private sector'

A new database has launched to make the third sector and its resources more visible to potential private and public sector partners.

The paid-for third sector intelligence service merges information held by charity information service Guidestar Data Services with that of information services company Experian.

GuideStar UK already offers a free public website with information on more than 170,000 registered charities, but the new database extends coverage to other third sector organisations such as not-for-profit companies and housing associations.

It promises to 'lift the lid' for businesses, government and public sector organisations on what it calls the "previously hidden" third sector. The service includes comparable information on the activities, structure and finances of organisations.

Les Hems, director of GuideStar UK, said: "Many third sector organisations have been disadvantaged because of the lack of objective, authoritative and comparable information available on them. This has presented difficulties in tendering processes, accessing funding and setting up credit relationships."

The companies collated regulatory data on about 225,000 third sector organisations and looked at more than 100,000 trustee and director annual reports.

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