Tuesday, April 1, 2008

Economy Slows Charitable Giving, Fundraising in 2007 :: PNNOnline ::

From PNN Online

Economy Slows Charitable Giving, Fundraising in 2007 :: PNNOnline ::: "While almost two-thirds of charities raised more money in 2007 than they did in 2006, the size of those gain dropped dramatically, according to figures released by the Association of Fundraising Professionals.


For the seventh consecutive year, AFP's State of Fundraising Survey asked charities to compare their fundraising totals in one year (2007) to the previous year (2006).


Overall, 65 percent of organizations raised more funds in 2007 compared to 2006, while 24 percent of respondents raised less funds, and 11 percent raised about the same amount. The 65 percent figure represents a four-percent drop from the previous year (69 percent in 2006), but is very similar to success rates seen in 2005 and 2004."

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