An article by PND by Candid shared:
“While most charities saw increases in contributions between 2015 and 2019, that trend was reversed in 2020 for many, and small organizations were particularly hard hit, a report from the Urban Institute finds.
Based on a survey of nonprofits working in areas ranging from direct service provision to community building and advocacy, the report, Nonprofit Trends and Impacts 2021: National Findings on Donation Trends from 2015 through 2020, Diversity and Representation, and First-Year Impacts of the COVID-19 Pandemic found that from 2015 to 2019, 58 percent of organizations reported growth in donations, while 32 percent saw stable donations and 10 percent saw declines. In 2020, however, 37 percent of surveyed nonprofits reported a drop in donations — including 24 percent reporting significant declines. The report also found that 42 percent of small organizations with budgets under $500,000 — which make up the majority of the sector and depend most heavily on individual donations — experienced a decrease in donations in 2020, compared with 29 percent of those with budgets of at least $500,000 (defined as large organizations in this study).”
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