Chapter 1 Funding in the charitable sector – Large but underperforming
The United States is often cited as a leading global example of success thanks to about 1.8 million registered nonprofit organizations,1 numerous conferences for nonprofit workers, state-of-the-art fundraising strategies, multimillion dollar donations, amazing news articles about donors, and contributions growing nearly every year. The nonprofit sector in the United States is huge. “Of the nonprofit organizations registered with the IRS, 501(c)(3) public charities accounted for just over three-quarters of revenue and expenses for the nonprofit sector as a whole ($2.04 trillion and $1.94 trillion, respectively) and just under two-thirds of the ...
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