Survey reveals Over 60% of South Carolina Nonprofits Are in Financial Trouble

  • By cvbizz
  • September 21, 2020
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A new survey by the College of Charleston’s Riley Center reveals the incredible impact Covid-19 pandemic is having on South Carolina nonprofits.

63% Face Dire Situations. In the Next Six Months

Nearly two thirds (63%) of nonprofits responding indicate they can survive for only six months or fewer without additional funding. Five percent indicate they are out of fundsnow and 29% say they can only operate for arly two thirds (63%) of nonprofits responding indicate they can survive for only six months or fewer without additional funding. Five percent indicate they are out of fundsnow and 29% say they can only operate for three or more months without additional funds additional funds.

You can view the entire report here.

About the Survey

The survey was distributed through United Ways,  Community Foundations, philanthropic foundations  and Together SC to nearly 3,000 charitable organizations. The vast majority of the 566 responses were submitted by presidents/CEOs/executive directors of participating organizations.

How to Help

Many South Carolina nonprofits address food scarcity in the state. The article below list several local organizations that are working to address this growing need. Please follow the link to find out how you can help. Additionally, consider donating to causes and groups doing good work in our community, it’s clear that our support is needed.

Fifty-four percent report that their greatest need is cash to meet operating needs due to lost revenue.
In aggregate, responding nonprofits need more than $61 million to replace lost revenues and sustain services through the end of the calendar year. 

Riley Center

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