Recommended content of the month
Nonprofit budgeting in July
NFP Partners provides tips on how your nonprofit can effectively prepare a mid-year assessment of the organizational budget in July.
Monitoring Your Nonprofit’s Financial Success
NFP Partners discusses how your nonprofit organization can effectively prepare, review, and project future financial changes.
Giving USA Data Shows $18.6B Lift Flattened By Inflation
By The NonProfit Times – Paul Clolery and Peggy Wright
Giving by individuals powered $484.85 billion in giving to charities during 2021, the total growing 4% compared to 2020, but a negative 0.7% when inflation is factored in. Giving dipped as a percentage of gross domestic product (GDP), from 2.2% to 2.1%.
The economic data is from Giving USA 2022, published annually by the Giving USA Foundation with research from the Lilly Family School of Philanthropy at Indiana University.
Outsourced NONPROFIT accounting – questions to ask
In this article, NFP Partners provides questions to ask when your nonprofit organization is considering outsourcing its accounting functions.