Thursday, May 22, 2008

U.S. Economy Continues to Create Challenges and Opportunities for Charities

The troubled U.S. economy continues to impact disadvantaged Americans and the charities that exist to serve them.

  • The State of New Jersey is reporting that 175,000 people had electric service suspended in 2007—15 percent more than in 2006. Fortunately, there are many charities whose sole purpose to help people avoid having the electricity or other utilities shut off. If you would like to support one of these organizations click here to review their ratings and then use the Network for Good Donate Now button featured on the charity's Charity Navigator ratings page.
  • USA Today featured an article about the changing face of hunger in America due to rising food prices. One way you can help the hungry in your community is through a donation to your local food bank.
  • One charity that is able to turn the national foreclosure crisis to its advantage is Habitat for Humanity. The Associated Press reports that “Habitat for Humanity chapters have seized buying opportunities in neighborhoods affected by the mortgage meltdown, snapping up scores of empty lots and unoccupied homes- some for as little as half price.” Habitat is able to make the best of a bad situation by turning empty lots and houses into housing opportunities for the poor.

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