North Carolina nonprofits face revenue, supply, volunteer shortages

North Carolina nonprofits face revenue, supply, volunteer shortages

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About 75 percent of nonprofit organizations started to face revenue challenges in March, only weeks into the COVID-19 outbreak, according to a survey of members conducted by the North Carolina Center for Nonprofits (NCCN).

As many of 85 percent of the nearly 700 nonprofits that responded to the NCCN survey in March said they had to cancel events because of the pandemic. 

 

“I think that those organizations that depend on one or two event fundraisers each year have been really hurt,” NCCN President and CEO Jeanne Tedrow said.

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The effect of COVID-19 also has deeper implications on the economy, according to data from the National Council of Nonprofits. 

Nonprofit jobs make up about 9 percent of the private sector in North Carolina. 

The industry employs 12.3 million Americans nationwide. Nonprofits spend more than $826 billion a year on salaries, benefits and payroll taxes and $1 trillion a year on goods, supplies and services, according to the council

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KPVI
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