One Third of Bay Area Nonprofit Groups Fear Closure Within the Year

May 29, 2009

One Third of Bay Area Nonprofit Groups Fear Closure Within the Year

One-third of San Francisco-area nonprofit groups are worried they may have to shut down in the next year, and 34 percent say they have no more than two months’ worth of operating funds in reserve, according to a survey by the regional United Way.

Nearly two-thirds of the 391 respondents to the organization’s 2009 Nonprofit Pulse Survey said demand for their services was increasing. Twenty-three percent have had to reduce services, while 26 percent said they have collaborated in the past six months with another charity.

Anne Wilson, head of the Bay Area United Way, said the increasing collaboration and partnership among groups “might be the one positive emerging from these lean times.”

Comments

This is consistent with the comment that Paul Light of NY University forecasting over 100,000 will close in the near future

— Robert McKim May 29, 03:30 PM #
Several area charities banding together under one roof, one copier and a central IP PBX makes plenty of sense. These aren’t normal times. Those charities waiting to see how it goes next year, may not see next year. The storm is upon them now. No need to see the flood. Seek high ground. We have seen some San Diego charities do this, and the rent gets cheaper when split.
http://bobbyvassallo.org

— Bobby Vassallo May 30, 01:40 AM #
United Way of the Bay Area has been sued for millions because their subsidiary employees( PIPEVINE ) chiseled millions intended for local agency coffers. They’ve dragged it through the Courts for years.

Now they run a survey to highlight the aftershocks of their own scandals and fundraising incompetence.

What a hoax !!

— frank m May 30, 11:25 AM #

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