- The total number of donor-advised funds in 2013 topped 217,000, up almost 6 percent over 2012, according to the 2014 Donor-Advised Fund Report by the National Philanthropic Trust.
- According to the National Center for Charitable Statistics, there are nearly 2 million nonprofit organizations registered in the United States.
- The Internal Revenue Service approved 94,365 applications from organizations seeking 501(c)(3) status in fiscal year 2014, more than double the number approved in the previous two years, according to the IRS’s 2014 Data Book.
- The Nonprofit Research Collaborative’s 2015 Nonprofit Fundraising Study found that 73 percent of organizations met their fundraising goals in 2014.
- According to the Organization for Economic Cooperation and Development, the largest donor country by volume in 2014 was the United States, which spent $32.7 billion, followed by Britain, Germany, France and Japan.
- According to the Donor Engagement Study from Abila, 71 percent of donors are mostly concerned that their money is being used wisely. Other top priorities include: the organization having a good reputation (69 percent); the donor has a strong belief in the nonprofit’s mission and cause (68 percent); and the donor’s support makes a difference (53 percent).
- According to the 2015 State of the Nonprofit Sector Survey, 47 percent of organizations reported finishing 2014 with a surplus income, compared to 24 percent with a deficit.
- According to an article by AssociationsNow, Give Local America has become a leading springtime nonprofit fundraising campaign. On May 5, 2015, more than 9,000 nonprofits in 180 communities raised $68 million in a 24-hour time period.
- According to a Nonprofit Finance Fund survey, 79 percent of nonprofits reported an increase in demand for service offerings in 2014.
- According to a report by the Charitable Giving Fund, the demand for advice on philanthropic giving is on the rise, with 73 percent of respondents reporting a desire for free or low-cost philanthropic guidance from professional advisors.
For more information, contact a Templeton & Company Professional.
This article originally appeared in BDO USA, LLP’s “Nonprofit Standard” newsletter (Summer 2015). Copyright © 2015 BDO USA, LLP. All rights reserved. www.bdo.com