Our own analysis, from 2008, shows that D.C. charities have about the same amount of rainy day savings (about 8 months) as charities in other U.S. cities. In fact, we found that charities in Colorado Springs (about 3 months), Orlando (about 3 1/2 months) and Phoenix (about 5 1/2 months) were in a much more precarious position than those in D.C. On the flip side, the philanthropic marketplaces in St. Louis, Boston, and Pittsburgh all reported having at least a year's worth of working capital.
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