What Recession? Some Charities Are Just Fine- Exempt from The NonProfit Times March 22, 2011

What Recession? Some Charities Are Just Fine- Exempt from The NonProfit Times March 22, 2011: "What Recession? Some Charities Are Just Fine

Some nonprofits bucked the trend of falling revenues and slashing expenses in spite of weathering the worst economic time since the Great Depression. While some charities moved to cut staff to match expenses with lowered revenues, Compassion International raised child sponsorship rates and continued with a major infrastructure initiative to build capacity.

In a continuing look at the NPT 100, a study of the largest nonprofits in the nation that appears annually in the Nov. 1 edition, Compassion International was among the charities that saw expenses rise in Fiscal Year 2009. However, the Colorado Springs, Colo., charity stayed the course and prioritized its long-term, capacity-building plans. Overall, NPT 100 charities had expenses decline about 6 percent in the aggregate but about half of the 100 nonprofits had higher expenses than the previous year."