One third of Bay Area nonprofits are concerned they may cease operations within the next year, according to United Way’s 2009 Nonprofit Pulse Survey. Correspondingly, 34% report they have two or fewer months of operating expenses in reserves.
“To ensure local nonprofits can weather this storm, and serve mounting needs, it is so important for everyone who can to step up now — to give, advocate and volunteer — in support of our community,” said Anne Wilson, CEO of United Way of the Bay Area.
Read the full press release about United Way’s Nonprofit Pulse Survey.
Local media coverage of the survey:
- San Francisco Chronicle, Recession taking toll on nonprofits’ coffers
- Contra Costa Times/San Jose Mercury News, Survey: A third of Bay Area charities fear for their survival