Poor economy takes toll on NJ charities
Friday, October 16th, 2009
By: Fit Staff
mcampbell@whyy.org
By: Phil Gregory
email hidden; JavaScript is required
The economy is continuing to a toll on charitable organizations in New Jersey.
Listen:
Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.
More than half of the 280 non-profit organizations responding to a survey by the Center for Non-Profits say demand for their services has increased since January. At the same time, 61 percent of them say their funding is lower than last year. The Center's Executive Director, Linda Czipo says many of those organizations expect to spend more money than they take in.
Czipo: There are some that have cash reserves to draw on but they are pretty modest. So there are adjustments being made but in some cases services aren't being provided.
Czipo says the economy is causing many people and corporations to be more cautious about making donations. The non-profits are trying to make up for the shortfall by recruiting more volunteers.