Charity,Giving,Falling,Recent, DIY Charity Giving Falling in Recent Years
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Its no surprise that many charity organizations around thecountry are experiencing a major decline in outside giving. The currentfinancial and housing crisis is causing many donors to pull their funding,despite their wishes to support their favorite charity. The $1.9 trillion nonprofit industry is suffering charitygiving losses in the billions each year. With over one million neworganizations claiming nonprofit 501©3 status each year, this would prove to bea major problem. With that many new nonprofit organizations coming into anindustry where giving is in a major decline, its clear that many of theseorganizations are destined to fail. Despite much charity organizations attempt to keep closeties to their biggest donors and support charity giving, many donors arefinding it hard to donate to their favorite charity. Despite success that manymay find in the business world, or in whatever industry they work in, one thingis apparent that nobody has as much money as they used to. As charity giving continues to fall, more and moreorganizations are being forced to discontinue their charitable efforts in thecommunity and around the world. This is a sad truth that the large majority oforganizations are feeling around the world, which many who benefit from theirwork of charities are also feeling. With so much weighing down, its clear that unless somethingsubstantial happens, we may be seeing quite a few failing nonprofitorganizations over the next few years. Least of all, there will be a largedownsizing in nonprofit businesses, as donations are required to cover allexpenses including employee wages. What really draws the attention of people isthat nonprofit organizations employ over 10% of the workforce in America. If the economic times arent on an upswing soon or donorscan find another way to support their favorite charity, its clear that ourcountry may be facing bigger troubles than the housing crisis.To support your favorite charity without spending an extra cent, be sure to check out online fundraising.
Charity,Giving,Falling,Recent,