Nonprofits Pivot from Survival to Resilience: BDO 2023 Nonprofit Standards Benchmarking Survey
Nonprofits are at a pivotal transformation point and are focusing on their long-term strategic resilience following a few years of readily available federal funding. This is according to BDO's seventh annual Nonprofit Standards benchmarking survey, released today. This survey of more than 250 U.S. nonprofit leaders explores key issues impacting nonprofits today, including changes to their revenue, how they are investing in technology, how they are responding to pressure from donors to address environmental, social and governance issues and more.
"Nonprofits are facing economic uncertainty head-on and showcasing their determination amid a decline in giving and higher costs," says Andrea Espinola Wilson, principal and co-leader of BDO's Nonprofit & Education practice. "Investing in their organization's well-being can help them enhance mission delivery and expand their impact."
Key findings from this year's report include:
Subsector reports highlight priorities for specific industries
Separate, subsector-specific breakout reports have also been released, including health and human services (HHS) organizations, higher education organizations, grantmakers, public charities, international non-governmental organizations (INGOs), and organizations with more than $75 million in annual revenue. Top findings from subsectors include:
ABOUT THE SURVEY
This year's Nonprofit Standards Benchmarking Survey was fielded in May 2023 by the Rabin Roberts Research company. It surveyed 250 nonprofit leaders of health and human services organizations, public charities, colleges and universities, grantmakers, and international nongovernmental organizations.
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