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Monday, November 24, 2008

Dire Predictions for Charities

We have indicated before that charities are facing a multitude of problems in today’s economic environment. This was backed by a forum on the impact of the crisis on non profits and social service delivery. Decreasing donations and government funding, paired with a simultaneous increase in demand for services are challenging for even the most well positioned organizations. Speakers at the forum are predicting the closing of up to 100,000 organizations, and urge non-profits, who are often very reluctant to merge, to start collaborating on back office support and health care plans. If you feel inclined to help financially healthy organizations weather this storm, you can find a list of charities that have received our highest rating by clicking here.

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