The Chronicle of Philanthropy

Charities That Faced Deficits in Last Recession Are Still Trying to Recover, Report Finds

By Holly Hall

Charities that rely on government aid, especially social-service organizations, are likely to face the rockiest time as the economy slumps, according a new study released last week.

The study, by the Nonprofit Finance Fund, examined how more than 6,500 organizations fared in the 2001 recession....

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