June 21, 2010

Fundraising seen emerging from recession

Posted in Philanthropy at 3:50 pm by philanthropynews

Overall fundraising revenue grew 12.1 percent for the three months ended in April 2010, compared to the same period in 2009, with a big chunk of the increase tied to the outpouring of giving to support relief efforts after the earthquake in Haiti, a new index says.

All nonprofits are emerging from the recession, with smaller nonprofits doing relatively better than mid-sized and larger nonprofits after suffering steeper declines between July 2008 and April 2009, says the inaugural Blackbaud Index of Charitable Giving.

The Index, which will be published monthly and reflects fundraising revenue trends for the previous three months compared to the same period a year earlier at 1,400 nonprofits representing $2.2 billion in annual revenue, also found larger nonprofits showed declines for all of 2009 but now are pulling out of their dive, fueled by relief groups and Haiti-related giving.

Mid-sized nonprofits fared fairly well through 2008 and early 2009 but showed steeper declines later in 2009, the Index says.

(Read more via Philanthropy Journal.)

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