Page 4 - Data Amp Research News Today

The stock market swoon could cause donors to reduce giving, experts say. Meanwhile, wage hikes and inflation are putting heavy pressure on nonprofit budgets.

Researchers suggest a way to reject unwanted contributions while preserving a good relationship with donors.

Only 45 percent of Americans polled in November said they trust nonprofits, 5 percentage points lower than the previous year. Among 27 countries surveyed, the U.S. ranked fourth to last in terms of trust in nonprofits,

U.S. nonprofits added an estimated 9,246 jobs in December, bringing total jobs to around 12 million. Before the pandemic began, in February 2020, U.S. nonprofits employed roughly 12.5 million workers.

The stock market’s strength and growth in GDP mean that even with the Covid concerns upending the globe again, philanthropy is likely to grow. Inflation and decreasing confidence among the wealthiest are worrisome, however.

Nonprofits added 5,274 jobs in November, a small gain in a month when overall hiring also underwhelmed analysts, according to new estimates from Johns Hopkins Center for Civil Society Studies.

Most fundamental measures of the economy — aside from inflation — are better for most people than at any other point since the pandemic began. The one wrinkle is the Omicron variant of Covid-19, which has already created volatility in the stock markets.

Our survey of the nonprofits that raise the most in gifts of cash and stock used data  compiled from Internal Revenue Service Form 990 filings, surveys sent to tax-exempt organizations, and other sources.

Charities face a steady economic outlook as they enter the year-end giving season. Still, the ongoing effects of the pandemic economy could exacerbate long-term downward trends in donor participation, particularly among middle- and lower-income households.

Despite increasing economic anxiety among America’s middle class, a greater share of people who gave at least $20 during the previous 12 months plan to continue giving than at the start of the Covid-19 pandemic, according to the results of a survey released this week.