Arizona nonprofits report $91 million in losses during pandemic

Arizona nonprofits report $91 million in losses during pandemic
The COVID-19 pandemic not only caused a major financial strain on Arizona business, it also impact many non-profit organizations working in the state. (Source: Alliance of Arizona Nonprofits)

PHOENIX, Ariz. (KOLD News 13) - The COVID-19 pandemic not only caused a major financial strain on Arizona business, it also impacted non-profit organizations in the state.

According the Alliance of Arizona Nonprofits, a recent survey of more than 400 organization across the state reported a huge financial impact, with a total loss of more than $91 million.

The survey also reported a 52% drop in year-end giving and an increase of over $15 million in expenses, primarily for PPE, supplies and technology.

The AAN said the average Arizona nonprofit lost between 26-50% of its total revenue during the pandemic, with losses ranging from a few hundred dollars up to $5 million. Additionally, the report showed between 26-50% of staff were laid of, and just over half of those positions have been refilled.

On a positive note, the alliance said less than 1% of nonprofit organizations in the state stopped providing services to those in need completely.

The full report can be viewed [HERE].

Early giving has begun for the ninth annual Arizona Gives Day fundraiser that generated a record-setting $6.1 million last year. More than 1,000 Arizona nonprofits have already registered.

Copyright 2021 KOLD News 13. All rights reserved.