- Home »
- News
Announcements
Inventorying Our Assets: Nonprofits Employ People
Employment is the hot-button issue today, and while it’s not news that nonprofit work is overwhelmingly a people-to-people business, recent data highlights the fact that even in spite of the recession, nonprofits are seeing job growth while the rest of the economy is shedding jobs at a significant rate. According to data released by the Johns Hopkins Nonprofit Economic Data project and the Bureau of Labor Statistics, nonprofit jobs grew at a cumulative rate of 5% between 2007 and 2010 while job in the for-profit sector declined at an 8% rate during the period.
The Fiscal Health of Erie Nonprofits
The Nonprofit Partnership has taken its annual look at the fiscal health of its member nonprofits, and these are the dominant themes for 2011: • Profitability has returned. Three in four Nonprofit Partnership member organizations are moving their financial needle in the right direction.
• More organizations are growing than are shrinking.
• There is volatility in the nonprofit marketplace with bigger swings toward profit and loss with each passing year than we have seen in many years.
• Notwithstanding a few impressive successes, small nonprofit organizations are faring more poorly in today’s economic environment and are more subject to bigger year-to-year fluctuations and instability.
• No single industry group with the nonprofit sector is faring better than the rest. An overall look at revenue and profitability trends presents a mixed picture for all.
• A trend toward greater efficiency from year to year seems to have taken hold among members of The Nonprofit Partnership.Community Fund Drives Committee Resumes
In a sure sign that the economy is rebounding, the Community Fund Drives Committee, the coordinating body that helps to shape successful capital campaigns by building them around best practices in the field, is resuming its work this fall. The Committee will be staffed by The Nonprofit Partnership.
