The effect of the economy on nonprofits – latest survey

A June 2010 survey of nonprofit organizations by Guidestar found the things are tough for many organizations.  Among the findings:

  • Eight percent of respondents indicated that their organizations was were in imminent danger of closing.
  • In order to balance budgets, 17 percent of respondents reduced program services, and 11 percent laid off employees.
  • More than 60 percent of participants reporting decreased contributions attributed the drop to a decline in both the number of individual donors and the size of their donations.
  • Among organizations that use volunteers, 17 percent used one or more in what had formerly been paid positions.
  • About a third (32 percent) of organizations increased their reliance on volunteers, whereas 9 percent experienced a decline.

    Click here to get the full report from Guidestar.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s