Number of nonprofits dropped in 2012
April 03, 2013
Many individuals across the nation have a cause of choice - maybe they like to donate their money to entities dedicated to finding a cure for a disease, groups that work to save the influence of the arts or any number of other organizations out there working for the betterment of the world. However, some may have discovered that their favorite nonprofits are no longer in operation.
According to The Nonprofit Times, the Internal Revenue Service recently revealed that in 2012, there were 10,000 fewer tax-exempt groups than the year before. The source said, however, that there are still nearly 1.5 million nonprofits in the United States.
This could have numerous implications - perhaps nonprofits with similar aims are increasingly merging to provide the best service possible or maybe individuals are hesitant to start new foundations because of the recent economic troubles the country has been experiencing. Nonetheless, people shouldn't be worried about starting these groups - many consumers are interested in pledging money to any number of causes.
Perhaps to save money in operating costs, leaders should consider putting their ventures online. According to the 2013 eNonprofit Benchmarks Study, online donations rose by 21 percent in 2012, as compared to 2011 figures. These numbers are expected to increase in coming years.
As foundations tap into emerging digital channels to raise funds online, they can benefit from nonprofit fundraising software that tracks incoming donations and quantitatively measures the success of their efforts.