Inflation & Nonprofits: 7 Ways to Recession-Proof Your Organization | Givebutter

Numerous global disruptions have resulted in inflation at levels the US hasn’t seen in 40 years. Keep reading to learn more about inflation’s impact on nonprofits and practical strategies organizations can implement to weather the storm.

How inflation is impacting nonprofit organizations

Inflation occurs when there’s a continuous increase in the cost of goods and services alongside a decrease in the value of money. All you need to do is visit a gas pump or a grocery store to know that prices have risen, and this rise in consumer costs has hit nonprofits hard.

Here at Givebutter, we’ve seen firsthand the impact inflation has had on changemakers across the country. Here’s just one message from a Givebutter user that reflects the burden many nonprofits are bearing.

According to the Bureau of Labor Statistics, consumer prices went up a whopping 9.1% in 2022 alone. For most nonprofit organizations, this change has dramatically disrupted their ability to carry out their mission, and other groups are facing challenges they didn’t anticipate. Nonprofit Consultant and Givebutter Expert, Linda Handley, weighs in:

Inflation is running at a 40-year high. In turn, everything from gas and…