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Health & Fitness

Nonprofits are changing the way they do business to adapt to a new reality

Nonprofits are changing the way they do business to adapt to a new reality

The Nonprofit Finance Fund just released the results of its 2013 State of the Nonprofit Sector Survey, which details the substantial changes that many organizations are making after years of economic stress. The fifth annual survey includes information on the finances, operations, and outlook of 5,983 organizations across the country.

“Nonprofits are changing the way they do business because they have to: government funding is not returning to pre-recession levels, philanthropic dollars are limited, and demand for critical services has climbed dramatically,” said Antony Bugg-Levine, CEO of Nonprofit Finance Fund (NFF). “At the same time, 56 percent of nonprofits plan to increase the number of people served. That goal requires change and innovation– for nonprofits, for those who fund them, and for the broader systems we need to preserve and expand economic opportunity and social progress.”

The web link for the full report: http://nonprofitfinancefund.org/

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