Charities Find Economy Sours Spirit of Giving

Summary

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Don't go looking for signs of an economic recovery in the non- profit world.

In fact, a new survey shows that in the first half of the year charities continued to get squeezed by falling donations. At the same time, states have cut funding and the federal government's stimulus grants are running out. All the while, demand for non- profits' services continues to rise as people face increased economic stress.

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Extract

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Charities Find Economy Sours Spirit of Giving

And the numbers look even worse for New Jersey non-profits.

As a result, numerous organizations have laid off administrative and even program staff, resulting in some service cuts.

GuideStar, a Williamsburg, Va., organization that tracks economic conditions in the non-prof...

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