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Monday, March 14, 2011

NJ Charities

Last month, 200+ charities participated in a survey conducted by the Center for Non-Profits. The charities were asked to report on such things as their fundraising performance for 2010 and to make predictions for the coming year. Here are some of the results:
  • 73% reported an increase in the demand for their services in 2010

  • 34% had a decline in funding in 2010

  • 36% saw their expenses exceeded revenue

To deal with these issues,

  • 43% froze or cut salaries

  • 36% cut staff

  • 27% reduced staff hours

  • 23% reduced employee benefits

  • 36% recruited more volunteers

  • 49% launched new partnerships/ collaborations

  • 3% completed a merger (9% had explored the possibility)

And for 2011

  • 72% expect demand to continue to rise

  • 65% expect total expenses to increase

  • 38% expect funding to increase

  • 25% predict a drop in funding

  • 16% are considering mergers

You can read the full report online: New Jersey Non-Profits 2011: Trends and Outlook.
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