GuideStar, the leading provider of nonprofit information, asked individuals associated with charitable nonprofits how their organizations fared financially during the first nine months of 2007 compared to the first nine months of 2006. Some 52 percent reported an increase, 25 percent said contribution levels had remained about the same, 19 percent reported a decrease, and 4 percent did not know.
Nearly half (45 percent) of participants said that their organizations receive the majority of contributions in October, November, and December, the period known as the giving season. A majority (60 percent) expects contribution levels for the 2007 giving season to exceed those for the last quarter of 2006. Another 28 percent expects end-of-year contributions levels to be about the same as last year.
Some 67 percent of participants reported that demand for their organizations' services increased during the first nine months of 2007 compared to the first nine months of 2006.
"We are pleased that support for nonprofit organizations has increased this year," stated Bob Ottenhoff, GuideStar's president and CEO. "We are also glad that, despite fluctuations in the economy, so many in the sector are optimistic about end-of-year giving. As demand for nonprofits' services grows, however, it is more important than ever that Americans support the vital programs offered by the nation's charitable organizations."
About the SurveyGuideStar's sixth annual nonprofit economic survey was conducted on-line October 15-22, 2007. Some 4,173 individuals representing at least 3,587 charitable organizations participated. Survey results for a particular location can be requested. See the survey report >
About GuideStarGuideStar, www.guidestar.org, connects people and organizations with information on the programs and finances of more than 1.7 million IRS-recognized nonprofits. GuideStar serves a wide audience inside and outside the nonprofit sector, including individual donors, nonprofit leaders, grantmakers, government officials, academic researchers, and the media.
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