A new survey shows that while the sluggish economy has had a major impact on Christian nonprofits, people in those organizations are keeping the faith.
The survey was conducted in April by Illinois-based J. David Schmidt & Associates for the Christian Leadership Alliance. Among the findings, compared to one year ago, 73 percent of nonprofits with investments said their portfolios and endowments are down, and 51 percent said cash reserves have diminished. Despite those dismal numbers, David Schmidt says many ministry leaders are prepared to weather the financial storm through faith in the Lord. "Christian organizational leaders are sensing that we're in for a long road ahead that will be difficult and challenging," he shares. "But we would also add [that] the research had another message -- and that message is that these leaders and organizations are leaning into their faith in God. And they absolutely believe that even if the road is difficult, they will prevail; and that with God's help, their charity will prevail as well." Those responding to the survey represented a wide spectrum of Christian nonprofits, including camps and conference centers, denominational offices, mission and outreach agencies, publishers, churches, and others. Read the survey's executive summary [PDF]
The survey was conducted in April by Illinois-based J. David Schmidt & Associates for the Christian Leadership Alliance. Among the findings, compared to one year ago, 73 percent of nonprofits with investments said their portfolios and endowments are down, and 51 percent said cash reserves have diminished. Despite those dismal numbers, David Schmidt says many ministry leaders are prepared to weather the financial storm through faith in the Lord. "Christian organizational leaders are sensing that we're in for a long road ahead that will be difficult and challenging," he shares. "But we would also add [that] the research had another message -- and that message is that these leaders and organizations are leaning into their faith in God. And they absolutely believe that even if the road is difficult, they will prevail; and that with God's help, their charity will prevail as well." Those responding to the survey represented a wide spectrum of Christian nonprofits, including camps and conference centers, denominational offices, mission and outreach agencies, publishers, churches, and others.
Read the survey's executive summary [PDF]
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