As a follow-up to our earlier Pulse Check posts in March and July,
here is another round-up of the latest surveys and studies indicating
how the nonprofit sector is handling the effects of the recent economic
downturn.
Glass Half Full or Half Empty? Results of GuideStar's Latest Nonprofit Economic Survey (August 2009)
GuideStar’s
most recent nonprofit economic survey takes a look at the financial
health of charitable organizations from March-May 2009. They found that
since the last update, covering October 2008-February 2009, the
percentage of nonprofits reporting decreased contributions has remained
steady at 52%. Other findings showed that:
- 18% of responding
nonprofits saw their contributions increase, while 29% reported that
their contributions had stayed about the same from the previous survey
period.
- Nonprofits reported that the decrease in giving was the result of the following:
- Fewer individuals gave (69%)
- Gifts from individuals were smaller (68%)
- Corporate gifts were smaller (38%)
- Private foundation grants were smaller (37%)
- Read more>>
Volunteering in America: Research Highlights (August 2009) [PDF]
The
Corporation for National and Community Service collects information on
the American volunteer landscape in an effort to track changes and
developments that may be useful for civic leaders and nonprofit
organizations. Some of the key findings showed that:
- In 2008, 61.8 million
Americans or 26.4 percent of the adult population contributed 8 billion
hours of volunteer service worth $162 billion, using Independent
Sector’s 2008 estimate of the dollar value of a volunteer hour
($20.25).
- As the economy
slows and nonprofit organizations struggle to provide services on
smaller budgets, volunteers become even more vital to the health of our
nation’s communities. Between September 2008 and March 2009, more than
a third (37%) of nonprofit organizations report increasing the number
of volunteers they use, and almost half (48%) foresee increasing their
usage of volunteers in the coming year. Almost no nonprofit
organizations are showing a decrease in their volunteer usage.
- Volunteers were
much more likely than non-volunteers to donate to a charitable cause in
2008, with 78.2 percent contributing $25 or more compared to 38.5
percent of non-volunteers.
- Read More [PDF]>>
Nearly 30% of Nonprofit Leaders Took a Pay Cut This Year; Pay in 2008 Grew Quickly (Sept. 2009)
The
Chronicle of Philanthropy conducted a survey of 325 organizations that
raised the highest amounts of donations from private sources in 2008,
as well as grantmakers holding the highest assets that year. The
results of the survey revealed that:
- 57 charities and
foundations—29 percent of the 195 groups that responded—reported that
their top executive had taken a pay cut this year due to the recession,
declined raises or bonuses, or had his or her pay frozen. The median
pay cut was 10 percent.
- The median
compensation for chief executives at the organizations surveyed was
$361,538, based on information from 253 groups that provided data for
both 2007 and 2008. In 2007 the median compensation was $330,395.
- Read more>>
Nonprofit Finance Fund's and Business Volunteers Unlimited's Nonprofit Survey - Northeast Ohio (August 2009)
Locally,
the Nonprofit Finance Fund and Business Volunteers Unlimited recently
conducted a survey of Northeast Ohio nonprofits and found that
nonprofits are struggling to balance falling revenues and an increase
in demand as they plan for 2010. Read a summary of the survey for more information about the findings.
Have you read other enlightening reports and survey findings? Tell us about them.
Thanks to Cindy Bailie, Director, Foundation Center-Cleveland, for sharing this post.
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