Survey: Nonprofits combating financial stress - Dayton Business Journal:

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The survey found that 80 percent of nonprofit organizationas are experiencing fiscal stress and close to 40 percent of them reportex the stressis “severe” or “very Of the 363 nonprofits surveyed, 51 percent of the organizationxs said they’ve been impacted by declining increasing costs for health benefits, declining endowments and decreaser cash flow as a result of credit and governmeny payment delays. Organizations participating in the survey differedin size, coverr all religions and represented a varietu of fields, including children and familyt services, elderly services and housing, community development, arts and culture, and others.
But despite the more than 75 percent of the nonprofits reportefd they havebeen “successful” or “very in weathering the economic To cope with the challenges, nonprofits have been expanding fundraisingh efforts, targeting individuals, state and local the federal government and foundations. Organizationx also reported cuttingadministrative costs, freezingh salaries, postponing new hires, creating partnershipw with other nonprofits and relying more on “Our nation’s nonprofit organizations are displaying exceptional resilience in the face of enormou fiscal challenges,” said Lester M.
Salamon, directo of the Johns Hopkins Center for Civil Society ina statement. The survey was conducted as part center’s Nonprofit Listening Post project.