We interview Josh Hurd, the Founder of Cause IQ a leading nonprofit data aggregator about the top nonprofit trends of 2019.
Cause IQ used their data to compare nonprofit financials from 2018-2019 versus 2017-2018 for the same 5,000 most popular organizations, and found that revenues are growing more than previously for most organizations — but investable assets are growing more slowly. Interestingly, employment isn’t growing much at all. Rather, nonprofits are spending much more money on outside vendors and service providers.
Trend 1: Nonprofits are still growing their revenues, and a little bit faster than before
Trend 2: Advocacy organizations are lagging behind the rest
Trend 3: Investable assets are increasing at a slower rate for nonprofits, although assets are still growing
Trend 4: Almost one-third of nonprofits are drawing down their investable assets
Trend 5: Employment is flattening out for many nonprofits
Trend 6: Nonprofit employment doesn’t grow proportionally with revenue or assets
Trend 7: Religious nonprofits march to the beat of their own drum
Trend 8: Nonprofits are spending more money on consultants, accountants, lawyers, etc.
Trend 9: Nonprofits are outsourcing specialized help instead of hiring employees
About Cause IQ
Cause IQ provides web-based information and tools to help accounting firms, consulting firms, financial services firms, fundraising companies, technology companies, and other providers grow, maintain, and serve their nonprofit clients.