GuideStar USA, Inc.
is an information service specializing in U.S. nonprofit companies. It
provides information on more than 1.7 million IRS-recognized nonprofit
organizations. They have recently released a whitepaper on nonprofits
and the
economy. We at the IOCDF feel that it captures some important data
surrounding
how charities like ourselves are affected by the current economic
downturn, and
in particular how mental health organizations are being impacted. We
found that GuideStar's findings resonated with our own experiences, and
thought that you would be interested to learn more about the situation.
They write: “For the most part, the pain was pretty well
spread among different types of organizations, although those involved in
mental health and crisis intervention were more likely to report a decline in
contributions (51 percent). Unfortunately, 78 percent of mental health
organizations also reported an increase in demand for their services, well
above average (with 42 percent reporting a ‘great’ increase in demand).”
You can read the whitepaper in its entirety here.
As ever, the IOCDF is grateful for any and all donations.
Particularly in times like these, we would welcome new members and other donations. We depend upon your support. Thank you.