For all the negative impact of the Great Recession, one upside is that more ministry leaders are attentive to economic trends. They’ve learned that churches and other ministries aren’t as insulated from economic downturns as they once were.
So what’s happening with the economy today? To find out, ECCU CFO Mike Koch posed some questions to economist Stuart Strother, a professor at Azusa Pacific University (APU). [read more]
Here’s another reminder of our recovering economy. Giving USA reported that donations from individuals increased 4% in 2012. Religious nonprofits received 32% of all donations to nonprofits.
However, not all appears rosy. For example, when adjusted for inflation, giving only increased 1.5%, and overall giving to religious nonprofits was down 2%. And giving still hasn’t come back to 2007 levels. [read more]
After the economic crisis that began in 2008 triggered the Great Recession, news media reported countless stories of the impact on individual churches. Few of those stories included trends, because the data simply wasn’t available. Today, the numbers are in, and some of them are surprising. [read more]
Seemingly, we can’t go anywhere without hearing about the looming “fiscal cliff” and various potential consequences of what may happen if Congress doesn’t act. Plus, we don’t know exactly what may come out of last-minute negotiations. So how is this situation impacting donors and their decision to give?
According to GuideStar’s recent survey of nonprofits, for the first 9 months of 2012, 34% of nonprofits reported an increase in donations while 37% reported a decline. These mixed results are attributed to the lasting effects of the Great Recession and slow economic recovery. [read more]