Issues Facing the Nonprofit Sector in BC
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- Reduced funding from government sources and the movement towards project funding rather than core funding; short-term and small projects rather than large scale initiatives
- Rising prices - the rising cost of goods and services, including basic necessities such as electricity to power buildings, can negatively impact our ability to provide consistent service levels
- Increased demand for nonprofit sector services-many sector leaders expect demand to increase even more due to the combined fallout of a prolonged pandemic and rising inflation
- Recruiting and retaining staff - This is an economy-wide trend but nonprofit-sector employers are more likely than private-sector employers to express concern about both recruitment and retention. In late 2021, 58% of nonprofits said they were planning to increase the wages of existing employees and 31% said they were planning to increase wages for new employees. However average salaries in community nonprofits are considerably lower than the economy-wide average ($38,716 compared to $52,638 in 2019)
Source: Priorities And Challenges For Nonprofits In The First Quarter Of 2022