Blogs » Helping Hands » Nonprofit giving on the rise

Subscribe


 
Nonprofit giving on the rise
By SonnyLong in Helping Hands
January 21, 2012

It's probably not a recognized econmic indicator, but according to the Blackbaud Index, donations to nonprofit organizations have reached pre-recession levels. In a report released Thursday, Blackbaud, Inc., reported that fundraising has returned to pre-recession levels. Through the first 11 months of 2011, overall giving is up 3.4% over 2010, and is now officially above the level of giving last seen in 2007. Chuck Longfield, Blackbaud’s chief scientist and creator of The Blackbaud Index noted that while giving is up, the increase is not uniform across all sub-sectors. However, most nonprofits saw greater stability and predictability in their 2011 fundraising than in the past few years. “Total U.S. charitable giving appears to finally be back to its pre-recession levels,” said Longfield. “Fundraising remains challenging but hopefully the worst is behind us, and nonprofits will continue to see positive growth in 2012.”