| Fundraising Returns to Pre-Recession Level |
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| Written by News | |||
| Sunday, 22 January 2012 13:34 | |||
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Blackbaud, Inc. announced that fundraising has returned to pre-recession levels. Through the first 11 months of 2011, overall giving is up 3.4% over 2010, and is now officially above the level of giving last seen in 2007. Chuck Longfield, Blackbaud's chief scientist and creator of The Blackbaud Index noted that while giving is up, the increase is not uniform across all sub-sectors. However, most nonprofits saw greater stability and predictability in their 2011 fundraising than in the past few years. "Total U.S. charitable giving appears to finally be back to its pre-recession levels," said Longfield. "Fundraising remains challenging but hopefully the worst is behind us, and nonprofits will continue to see positive growth in 2012." Blackbaud also released a report today focused on fundraising trends based on monthly findings from The Blackbaud Index and featuring commentary from representatives of Association of Fundraising Professionals and Paralyzed Veterans of America. In addition, a new specialty index focused on public, society benefit organizations was launched today and will be updated monthly going forward. The Blackbaud Index of Charitable Giving and The Blackbaud Index of Online Giving are updated on the 15th of each month (or the next business day) and are based on a three-month moving average of year-over-year percent changes in charitable giving. They represent the most comprehensive and timely sources of charitable giving available. To subscribe to monthly email or text alerts or to read more about the methodology, visitwww.blackbaud.com/ The Blackbaud Index of Charitable Giving Blackbaud also releases additional data and analysis that reports on organizations by size. The Index found that three-month overall charitable revenue for small organizations (prior year revenue of < $1 million) decreased 2.5% in November, while overall charitable revenue at medium organizations (prior year revenue of $1 - 10 million) increased 8.2%, and overall charitable revenue at large organizations (prior year revenue > $10 million) decreased 0.4 %. The Blackbaud Index of Online Giving The Index found that three-month online revenue for small organizations (prior year revenue of < $1 million) increased 15.4% in November, while online revenue at medium organizations (prior year revenue of $1 - 10 million) increased 12.1%, and online revenue at large organizations (prior year revenue > $10 million) increased 10.8%. The Blackbaud Index of Charitable Giving reports that public, society benefit organizations had an overall charitable revenue increase of 5.4% for the three months ending November 2011, as compared to the same period in 2010. This trend is based on $180 million in 12 month revenue from 95 organizations. Views from the sector | |||
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About the Author: Kurt Martin is a Founder and Group Publisher of Progressive Media Group (PMG) and the Publisher of Nonprofit Technology News. During his 4 years as Publisher of The NonProfit Times, he grew the imprint from a single newspaper to a community of websites, online job boards, email newsletters and digital editions of the print editions. Prior to taking the role of Publisher he was the East Coast Sales Manager for Broad Daylight, Inc. a knowledgebase company. He also held management roles in advertising and ciruclation sales at American Banker/Bond Buyer (Thomson), Faulkner & Grey (Thomson) and SourceMedia (Investcorp.) Kurt graduated from Montclair State University with a B.A. in Political Science and Public Administration. |