Half of Midsize Nonprofits Report Pandemic-Related Staff Cuts
By dan.parks
Contributor
June 17, 2020 | Read Time: 1 minute
Half of nonprofits have laid off employees due to the Covid-19 pandemic, according to a spot check of midsize organizations by Independent Sector.
The organization also found that 83 percent of midsize nonprofits have experienced a reduction in revenue, and 71 percent reported a drop in services or operations.
The questions were distributed from May 27 through June 9 to nonprofits that employ 500 to 5,000 people; 110 organization replied.
Dan Cardinali, president of Independent Sector, said the results make it clear that Congress needs to do more for a broader swath of nonprofits.
The federal Paycheck Protection Program, which provides forgivable loans to small businesses and nonprofits, excludes nonprofits with more that 500 employees.
“Continuing to disqualify midsize nonprofits for this assistance puts those nonprofits at grave operational risk and threatens our collective ability to get communities the help they most need in this crisis,” Cardinali said in a news release.
A spokeswoman for Independent Sector said the results were not statistically significant and instead were “a simple sampling” of midsize nonprofits.
(The Chronicle of Higher Education, the organization that publishes the Chronicle of Philanthropy, has received a loan under the Paycheck Protection Program.)
