Nonprofits, the Recession Is Not Over
Nonprofits are on the front lines of the recession, tending to our neighbors in need. A new survey released March 21st finds that American charities expect 2011 to be another tough year of increasing demand and dwindling resources. The Nonprofit Finance Fund 2011 Survey finds that 85 percent of nonprofits expect demand for their services to expand this year, but fewer than half have the resources to meet that growing need. This comes after three consecutive years of increased demand on these nonprofits, the survey finds. “Years of economic uncertainty have forced nonprofits to adjust to the ‘new normal’ of scarce resources and increased demand,” said Rebecca Thomas, vice president of consulting services at NFF. “Some of the adjustments we’re seeing are creative and healthy... Other effects [such as] layoffs, people who need services being turned away... are further compromising the social safety net at a great cost to America.” That's a dire warning at a time when elected officia...