ECONOMIC NEWSECONOMIC NEWS

Churches Feel Recession's Pinch as Needs Continue to Grow

Churches are feeling the strain of the recession.  There is increased need by congregational members in the area of spiritual and financial help, and depleting resources to offer from the congregations, as they struggle to make ends meet with lowered contributions.  more... |

Can Relief Agencies Weather the New Storm?

The 2009 hurricane season began on June 1.  The National Oceanic and Atmospheric Administration is predicting 4-7 hurricanes this year, and relief organizations such as The Salvation Army, American Red Cross, and Catholic Charities USA are prepared to respond.  However, longterm assistance may be compromised by the economy.  more... |

Sharp Decline in US Giving - Still Exceeds $300 Billion in 2008

A new edition of Giving USA has been released, indicating the steepest decline in donations since 1956.  However, the decrease for overall giving for 2008 was not as bad as many expected.  Is it a calamity or a relief?  Either way, organizations are experiencing the effects of the bad economy, and as donors, we must ask ourselves, how can we respond? more... |

Some Nonprofits Seek Higher Efficiencies through Mergers

Are there too many nonprofits? The recession is causing some organizations to consider mergers with a goal of being more effective and more efficient. more... |

What's a Nonprofit's Bottom Line?

Are online charity ranking resources helpful?  This article, Charity Rankings Giveth Less Than Meets the Eye, speaks to the challenging task of finding effective ways to measure a charity’s success. more... |

Nonprofits Hit Hard By Current Economy

A recent W.K. Kellogg Foundation report shows how churches, social ministries and other charitable organizations have been hit hard by the current economy.

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Charities Need Extra Help This Holiday Season

Are you likely to give a charitable gift as a holiday present this year? Some results from a recent study are giving charities reason to believe it may be a disappointing year-end. more... |

Dana College Forced to Close

Dana College Board of Regents announced in late June that the college, one of 27 of the Evangelical Lutheran Church in American (ELCA), is closing. more... |