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.