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Blog Posts: Faith-Based

2009 Financial Outlook for Faith-based NonProfits

How has the Great Recession affected the financial stability of faith-based nonprofits?  In 2009 faith-based nonprofits are 2.5 times more likely to be facing declines in cash contributions than in 2007.  In fact, only 28% of faith-based nonprofits are expected to avoid a decrease in cash contributions during the span of 2008-2009.  These statistics have been pulled from a recent survey and analysis that I completed as the Senior Research Analyst at Excellence in Giving.  
So what is the financial landscape for faith-based nonprofits and how are organizations adjusting their budget?

Tags: Faith-Based

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