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What’s the Cost Behind Starting a Nonprofit Organization in 2025?

Grant Writer Team

Insurance: General liability insurance typically costs $500 to $1,500 annually. Grant Writing and Fundraising Consulting: Professional services can cost $2,000 to $10,000 annually, depending on the scope of work. If you are searching for grants but are feeling overwhelmed, hiring a grant writer may be the perfect choice!

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Statement of Activities (SOA): A Nonprofit’s Income Statement Equivalent

Blackbaud

Revenue Revenues represent the total income a nonprofit organization receives from various sources, such as donations, grants, program fees, and investment returns, during a specific period. Additionally, donations may come in the form of professional services or goods, which should also be accounted for.