Nonprofit Finance Fund Survey: America's Nonprofits in Danger
• 52% of respondents expect the recession to have a long-term (2+ years) or permanent negative financial effect on their organizations.
• 93% of lifeline organizations that provide essential services anticipate an increase in demand in 2009.
"The survey reveals the precarious state of a sector that is continually asked to do more with less, and brings a long-standing problem into sharp relief,” said Clara Miller, President and CEO of Nonprofit Finance Fund. "Lifeline organizations, 91% of which focus on serving vulnerable populations, simply will not be around to provide critical services if we continue with current practices. We must free the entire sector from the archaic assumptions and harmful constraints that keep many organizations perpetually on the brink of survival, and especially at risk in times of recession.”