Fundraisers Taking Smaller Bite Of New York Donations
The NonProfit Times
DECEMBER 2, 2024
Professional fundraising firms retained 17% of donations raised in New York State during 2023, the lowest amount during the past five years. The data shows that 46% of the time charities received less than 50% of funds raised and 16% of campaigns had expenses that exceeded revenue to the tune of $26 million during 2023.
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