Grassi’s survey of 160 nonprofit leaders reveals a sector demonstrating adaptability and resilience amid increasing challenges. As demand for services surges and operational costs rise, nonprofits leverage technology, strategic partnerships, and innovative approaches to continue their vital work.
Our comprehensive report offers profound insights into these trends and more, providing valuable benchmarks and strategies for nonprofit leaders navigating this complex landscape.
Several key takeaways from the report include:
- 73% of respondents said demand for their programs and services has risen in the past 12 months, with just 4% reporting a decrease. Accordingly, 81% reported higher operating costs in the same period, with an average cost increase of 15%.
- 45% of nonprofits have seen their funding levels increase, 31% have yet to see any change, and 21% have seen a reduction in funding.
- Staff recruiting and retention remain significant challenges for nonprofits, with 56% saying they have difficulty attracting and retaining employees.
- 82% of respondents said their Boards understand their mission, vision and core values. However, only 48% of nonprofit Boards review profit and loss statements.
- 53% believe their data is completely protected, and 45% of respondents say they are completely confident in their ability to respond to a cybersecurity event around the clock.
Click here or below to access the full report and gain actionable insights to drive your mission forward in challenging times.
