Non-profits of every stripe have been suffering from the economic downturn. In a recent survey of 800 U.S.-based non-profits, 75 percent reported feeling the effects of the downturn, with more than half already experiencing significant cuts in funding from both government and private foundation sources.

According to a recently released report from Civic Enterprises and the Democratic Leadership Council entitled “Quiet Crisis: The Impact of the Economic Downturn on the Nonprofit Sector,” few of these groups have strong reserves to weather the downturn—more than half have less than three months of operating funds on hand, while three-quarters cannot make it six months on existing cash reserves.

via politicalaffairs.net

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