Economic Damage to Nonprofits Is Climbing, New Report Shows

RALEIGH, N.C., August 28, 2009 — A new report on the economy's impact on nonprofits sheds light on the struggles of these community organizations at a time when intervention can still do some good. The study by the National Council of Nonprofits reveals that nonprofits are trying to meet increasing demands for more services at the same time that their operating costs escalate and their revenues decline. The report examines findings from four national and nine state-specific surveys.