Valley residents have had to tighten their purse strings in 2023 as inflation rises across the U.S. That’s also true for Tempe nonprofits who hope to help those in need this holiday season, even as donations have fallen.
According to data from the Fundraising Effectiveness Project, the number of people giving to nonprofits declined 7% in the first half of 2022 compared to the same period the year before. Additionally, the number of people making contributions of $100 or less dropped more than 17%, and 8% fewer donors made gifts from $101 to $500.
That’s difficult for food pantries in particular, which are struggling to shore up their stocks during the most wonderful – and neediest – time of the year.
