The Chronicle of Philanthropy has released its Philanthropy 400 ranking of organizations that raise the most from private sources. Donations to the nation’s biggest charities dropped 11 percent last year, a decline that was the worst in the two decades.
Most nonprofits don’t expect 2010 fundraising to be much better, with a projected median increase of just 1.4 percent, according to The Chronicle.
The 400 institutions in the survey raised $68.6-billion in 2009.
The Top 10
Among the 10 charities that raised the most last year, six reported declines. Giving to United Way Worldwide (No. 1) decreased by 4.5 percent and to the Salvation Army (No. 2) by 8.4 percent, the smallest declines among the top-ranking groups.