While nonprofit organizations are growing, their donations are shrinking. The number of nonprofits registered with the Internal Revenue Service grew 25% from 2013 to 2023. But during the past year, both money raised and donor counts have dropped 3%.
While nonprofit organizations are growing, their donations are shrinking. The number of nonprofits registered with the Internal Revenue Service grew 25% from 2013 to 2023. But during the past year, both money raised and donor counts have dropped 3%.
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