New Report Signals Fundraising Decline

(From The Nonprofit Times) The recent Fundraising Effectives Project report paints a bleak picture of the nonprofit sector. Covering the initial three quarters of 2023, the data reveals a widespread decline in fundraising, excluding smaller organizations below the $100,000 mark. The figures include a 7.6% drop in overall donors, a 1.1% decrease in dollars, and a 1.3% fall in retention. Monthly giving emerges as a retention lifeline, showcasing higher rates. In the face of these trends, experts stress the urgent need for engagement strategies, personalized outreach, and building emotional connections with donors.

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