Recession Driving Non-Profits into a "New Normal"

Schmidt3 A new report was just released with the results of a national survey that probes the impact of the economic downturn on Christian nonprofits and how leaders are responding. The research was conducted in April by J. David Schmidt & Associates--a highly reputable firm that has helped hundreds of clients in the church and non-profit worlds.

Some notable conclusions...

  • 48% reported that their first quarter donations were down from the previous year.
  • 44% froze salaries and 28% of the organizations had to reduce full-time positions.
  • 32% believe this recession is unique and has caused permanent economic damage that is taking us into an undefined era of a "new normal."

Download the 10-page report (PDF) here.

Tim StevensComment