FrogLoop: Fundraising Dips In First Quarter Of 2009
The struggling economy hit nonprofits hard in the first quarter of 2009. According to the latest Target Analytics Index of National Fundraising Performance, the number of new donors dropped by almost 13%, as compared to 2008. The study analyzed 79 nonprofit organizations and their fundraising campaigns via direct mail, online fundraising, telemarketing and canvassing.
The study also showed that for the first time since Target Analytics released its initial study in 2002, overall revenue per donor declined by 2.1%. Prior to this study, the Index of the National Fundraising Performance had only been showing a gradual decline in donor numbers since the U.S. Gulf Coast hurricanes of 2005. However, things rapidly changed from Q4 in 2008 to Q1 in 2009. The decline in donors accelerated even faster due to the recession and a 13% decrease in new donors. …
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