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Doing Well, But at a Cost
In its annual look at the size and health of the nonprofit sector in Erie County, The Nonprofit Partnership (NPP) has found surprising strength and resiliency but also signs of weakness that point to the need for continuing investment. Overall, 65% of the members of The Nonprofit Partnership showed a financial surplus in 2014, a 3% increase over the previous year and a 20% increase over 2012.This compares very favorably with nonprofits across the nation, only 47% of whom posted surpluses in 2014 according to the “State of the Sector” survey conducted by the Nonprofit Finance Fund. See our 2015 Nonprofit Reality Check Infographic
Nonprofit leaders and the general public agree on at least one thing - nonprofits own the value of caring. But both of those groups need to update and refresh their concept of what values characterize nonprofit work. The bottom line is that nonprofits care enough to employ people. See the Nonprofit Listening Post Study of nonprofit employment data by region.
Employment is still 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 and chronicled in the newly released The State of Nonprofit America, 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. Overall, nonprofits have grown 20% faster than the rest of the economy since 1977.
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 and is now staffed by The Nonprofit Partnership.