Triangle nonprofits see revenues fall

RALEIGH, N.C. – For many health and human-services nonprofits in the Triangle area, revenues are continuing to fall, even as demand for services continues to climb, says a new survey by United Way of the Greater Triangle.

From June through August of this year, average revenue fell 25.2 percent for health and human-services nonprofits, more than double the 11 percent decline seen in
the prior three-month period.

Over the same period, demand for their services jumped 34 percent, up from the 30 percent rise in the previous six months, says United Way’s 2009 Economic Impact

However, one in three local nonprofits are reporting greater reliance on volunteers to continue providing vital programs and services.

The large numbers of professionals out of work, coupled with President Obama’s call for greater involvement in public service, is providing nonprofits with an
opportunity to recruit and train volunteers to take on important roles.

A potential resource for nonprofits aiming to grow their volunteer pools is the new Edward M. Kennedy Serve America Act, which provides grant support to nonprofits.

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