WKYT | Lexington, Kentucky | News

US nonprofits report improvement in donations

SEATTLE (AP) - A national report says a slight increase in charitable giving hasn't been strong enough to keep up with higher demand for services.

But U.S. nonprofit organizations are hoping the uptick is the beginning of economic recovery.

About a third of America's charities reported an increase in donations during the first nine months of 2010, and they say they expect more good news in the fourth quarter.

Another third said giving continues to drop and the remaining nonprofit groups are holding steady. The data was collected by a coalition called the Nonprofit Research Collaborative.

About 7 percent report their organizations are at risk of folding next year.

Charitable giving fell by 3.6 percent in 2009.

One organization tracking charitable giving reports donations were up 4.3 percent for the three months ending with September 2010.


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