Declines in Charitable Giving

Chart-Downward-Trend-1635446Many organizations rely heavily on year-end giving to meet their fundraising goals. What can they expect as 2012 winds up?

The Blackbaud Index, which is a broad-based index reporting on the charitable giving trends in almost 3,000 nonprofit organizations, released its October 2012 index. Their findings indicate that overall giving declined by 3.8% during the three months ended in October 2012 compared to the same three months in 2011. The rolling 3-month revenue change over prior year had been improving, but the October results continued a three month period of declines.

Is this indicative of a long-term trend, or will there be a return to comparative increases in year over year giving? It will be interesting to see whether year-end giving meets or exceeds prior year results.

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