State Sees Dramatic Decreases In Charitable Giving

It' always important to realize what the ripple effect does to individuals and neighborhoods when local non-profits can't make it....

Colorado saw "dramatic decreases" in charitable giving by individuals between 2005 and 2006, according to a report released today by the Colorado Nonprofit Association.

"The news that giving is decreasing creates a 'perfect storm' for charities struggling to meet rising demands for services with limited resources," according to a statement released by Sharon Knight, chief executive officer of the association and Tom Downey, board chair.

"If things do not change, the survival of many Colorado nonprofits may be in question as will the sector's ability to serve Coloradans in greatest need," they added.

The study profiles charitable giving in Colorado for the 2006 tax year, the latest year for which data is available.

The Denver Post