Giving said to be up for tenth month in a row
- Tue, July 19 2011
- Filed under: Fundraising essentials
Amid a lot of poor economic news, it’s good to hear from Blackbaud that their Index shows giving up for the tenth consecutive month.
The Blackbaud Index of Charitable Giving reports that overall charitable revenue grew 11.3% for the three months ending May 2011, as compared to the same period in 2010. This trend is based on $2.3 billion in 12 months’ revenue from 1,383 nonprofit organizations.
Blackbaud also releases additional data and analysis that reports on organizations by size. The Index found that three-month overall charitable revenue for small organizations (prior year revenue of
< $1 million) increased 17.6% in May, while overall charitable revenue at medium organizations (prior year revenue of $1 – 10 million) increased 10.3%, and overall charitable revenue at large organizations (prior year revenue >
$10 million) increased 9.8 %.