WWL: Non-Profits in a Down Economy
State budget cuts are on the way for non profits
Usage of their services is up – charitable giving is down – and state budget cuts are on the way for non profits.
With Connecticut facing a budget deficit pushing nine billion dollars for the next two years – everyone is bracing for deep cuts. But many who work in the non-profit sector, providing services to the needy, say now is the worst time to slash their budgets.
Food stamp usage in CT is up 9% from a year ago – and as we reported yesterday – the economy is forcing more people into foreclosure and bankruptcy – meaning they may have to rely even more on state funded services provided by non profits.
Today, Where We Live, we’ll talk with several non-profit providers about their increased role – and their decreasing budgets. And we’d like you to join the conversation – do you work for a non-profit? What changes are you expecting?
