One-third of Bay Area Nonprofits Struggling to Survive, According to United Way Survey
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Other highlights from the survey:
42% of survey respondents report that revenue was down in 2008, with 27% experiencing a revenue drop greater than 10%.
48% have tapped reserves in the last 12 months; 15% have used up more than 50% of their reserves.
Two organizations reported merging in the last six months, while 14 (4%) are considering merging in the coming months.
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