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Mar 4, 2021 NEW YORK (AP) — More than one-third of U.S. nonprofits are in jeopardy of closing within two years because of the financial harm inflicted by the viral pandemic, according to a study being released Wednesday by the philanthropy research group Candid and the Center for Disaster Philanthropy. The study’s findings underscore the perils for nonprofits and charities whose financial needs have escalated over the past year, well in excess of the donations that most have received from individuals and foundations. The researchers analyzed how roughly 300,000 nonprofits would fare under...

More than one-third of U.S. nonprofits are in jeopardy of closing within two years because of the financial harm inflicted by the viral pandemic...

Among the most vulnerable nonprofits are those involved in the arts, but organizations in all sectors are in danger.

Glenn Gamboa Staff Sgt. Mike Schuster loads two produce boxes into a car at a food bank distribution by the Greater Cleveland Food Bank, Thursday, Jan. 7, 2021, in Cleveland. (AP Photo/Tony Dejak) March 03, 2021 - 12:01 PM NEW YORK - More than one-third of U.S. nonprofits are in jeopardy of closing within two years because of the financial harm inflicted by the viral pandemic, according to a study being released Wednesday by the philanthropy research group Candid and the Center for Disaster Philanthropy. The study's findings underscore the perils for nonprofits and...

By GLENN GAMBOA AP Business Writer March 3, 2021 10:51 am 43 Staff Sgt. Mike Schuster loads two produce boxes into a car at a food bank distribution by the Greater Cleveland Food Bank, Thursday, Jan. 7, 2021, in Cleveland. (AP Photo/Tony Dejak) $cvals NEW YORK (AP) — More than one-third of U.S. nonprofits are in jeopardy of closing within two years because of the financial harm inflicted by the viral pandemic, according to a study being released Wednesday by the philanthropy research group Candid and the Center for Disaster Philanthropy. The s...