November 2, 2008
GuideStar Survey Reports More Nonprofits Seeing A Decrease in Contributions
Last week GuideStar issued the results of its annual survey of nonprofit organizations, primarily charities, regarding changes in their levels of contributions and of demand for services as compared to the previous year. Comparing the first nine months of 2008 to the first nine months of 2007, over a third of the respondents said that contributions had decreased, the highest level since the October 2003 version of the survey. At the same time, a slightly higher number reported that contributions had increased but well below the almost 50 percent reporting an increase in the previous four years. The remaining respondents said contributions remained about the same or they did not know which way contributions had moved. As for demand for services, 64 percent reported increased demand, although this figure was down slightly from previous years. The survey also reported on changes in grantmaking by organizations that made grants. The over 2,700 participating nonprofits were from all areas of the country and represented a variety of sizes and missions.
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