Posts Tagged ‘nonprofits’

It’s a Tough Time for Car Donation Nonprofits

Monday, December 6th, 2010

But, according to a study done by the Nonprofit Research Collaborative, things are starting to get a little better. This report showed that about a third of the charities in America had an increase in donations throughout the first nine months of 2010. Unfortunately, this increase hasn’t been enough to keep up with the demand for charitable services.

Just like many other industries, nonprofit companies have been hit hard by the recession. They rely on the charity of others to generate their operational budgets, and when economic times are tough, people are less likely to make a donation. Of course, when economic times are tough, there is usually more unemployment and increasing need for the services these nonprofit organizations provide.

Last year was one of the hardest ones in a long time. Our giving was at the lowest it had been since 1956. This can be very troubling for both the nonprofit organizations and the people who rely on their services. And that is why this slight increase in giving has been viewed by some as a positive sign for the future.

Despite the increase in car donations, worthy nonprofit organizations always need more. There might be some positive signs in the economy, but that doesn’t mean everyone suddenly has more money that they can part with. Things still seem a little shaky, and it’s this kind of uncertainty that makes people hesitate about making charitable donations.

This is where donating a car to charity can make a real difference. You don’t always have to donate cash when you are looking for ways to help these important organizations. If you have a vehicle that has reached the end of its useful life, or you don’t think you’d get much for it on a trade it, you can always donate a car for a tax deduction and help this trend continue.