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Nonprofit Job Loss - Time to Recovery Projected to be 2 Years
The Center for Civil Society Studies at Johns Hopkins University released a report with updated estimates of nonprofit job losses through January 2021. The report also projects the amount of time it will require to return to pre-pandemic employment levels - currently at 2 years.
Posted on: February 17, 2021
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Nonprofits Lost Over 50K Jobs in December
In a continuing effort to track the ongoing impact of the coronavirus pandemic on nonprofit employment, this report from the Center for Civil Society Studies documents estimates of nonprofit job losses through December 2020, as reflected in the December BLS Employment Situation Report. What these data reveal is a striking reversal of the admittedly tepid growth in nonprofit employment in the prior three months, leaving nonprofit employment still down by a conservatively-estimated nearly 930,000 jobs by the end of the year. The report then goes on to track the slow recovery of nonprofit jobs over the past several months and then to estimate the likely time to full recovery given the new information about vaccine availability and potentially energized federal attention promised by the incoming national administration.
Posted on: January 26, 2021
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Impact of Pandemic on Nonprofit Employment
Johns Hopkins Center for Civil Society Studies has released their latest analysis of national data on employment in the nonprofit sector. The Johns Hopkins Economic Data Project has undertaken a series of estimates of the projected impact of COVID-related job losses on nonprofits, beginning with an estimated 1.6 million job losses from March through May included in their 2020 Nonprofit Employment Report.
Posted on: November 16, 2020
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Nonprofit Employment Recovery 2% in September
The Center for Civil Society Studies released a new report based on data from the BLS Employment Situation Report that estimate nonprofit job losses through September 2020.
Posted on: October 21, 2020
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Latest COVID-19 Legislation Has Some Good Signs for Nonprofits, Fate Uncertain
On May 12, House Democrats unveiled their latest proposal to confront the public health, economic, and societal consequences of the COVID-19 pandemic. Dubbed the Health and Economic Recovery Omnibus Emergency Solutions—HEROES—Act, the roughly $3 trillion bill is perhaps a starting point for negotiations once all parties can be coaxed to the table. If negotiations do start with the HEROES Act, it would represent yet another positive step for nonprofit advocates who have lifted their voices nationwide.
Posted on: May 14, 2020
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Latest Coronavirus Economic Relief Package Passed
On Friday, the President signed Congress' latest coronavirus economic relief package, which includes additional aid to small businesses - including nonprofits - and hospitals.
Read the article on NHPR
Posted on: April 27, 2020
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Economic Injury Disaster Loan program falls short in New Hampshire
Some 126 New Hampshire businesses – less than one in 200 – have received emergency loans directly from the U.S. Small Business Administration, according to figures released by the agency earlier this week on its website.
Posted on: April 22, 2020
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IRS Extends Tax Day for Nonprofits
The Internal Revenue Service announced Thursday it would give nonprofits more time to file their informational tax returns due to the coronavirus pandemic. As a result, nonprofits facing tax deadlines of April 1 to July 14 now have until July 15.
Posted on: April 10, 2020
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Loans Available for Nonprofits in the CARES Act
The Coronavirus Aid, Relief, and Economic Security Act CARES Act (Pub. L. 116-136) defined a number of programs that charitable nonprofits will be eligible to apply for. The National Council of Nonprofits outlines the characteristics of each type of loan available through this act.
Posted on: April 5, 2020
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How Nonprofits Can Utilize the New Federal Laws Dealing with COVID-19
Nonprofit Quarterly asked Tim Delaney, president & CEO of the National Council of Nonprofits, to share insights about how nonprofits might utilize the new federal legislation relating to coronavirus to advance their missions.
Posted on: March 26, 2020
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The White House Office of Management & Budget (OMB ) Proposes Regulations to Improve Uniform Guidance Indirect Cost Rules
The federal rules governing grants to nonprofits would be substantially improved under proposed revisions to the Uniform Guidance recently published by the U.S. Office of Management and Budget.
Posted on: January 28, 2020
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Guidance for nonprofits on refunds of transportation tax
The IRS released guidance January 21st that will help nonprofits get refunds of taxes they paid on the now-repealed tax on nonprofit transportation benefits.
Posted on: January 27, 2020
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Complete Repeal of Taxes on Transportation Benefits
In an end-of-year push, nonprofits nationwide scored a huge victory late Friday night (12/20/2019): the comprehensive budget bill passed by Congress, and signed into law by the President, includes a complete repeal of the federal unrelated business income tax (UBIT) on nonprofits that provide transportation benefits to their employees.
Posted on: December 24, 2019
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Nonprofits Fight Sale Of .ORG Registry
Posted on: December 10, 2019
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Can a 501c3 Advocate for Impeachment of a Federal Office Holder?
Posted on: October 9, 2019
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Labor Department Issues Final Overtime Rule
Posted on: October 8, 2019
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Number of US taxpayers claiming charitable deduction shows significant drop
Posted on: July 19, 2019
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Trump Administration Drops Bid for Citizenship Question in 2020 Census
Posted on: July 3, 2019
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Voices from the Field: What the US Supreme Court’s Census Decision Means for Nonprofits
Posted on: July 2, 2019
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Impact of Five Charitable Giving Policy Proposals
Independent Sector has released an analysis of the potential impact of five distinct federal policy ideas meant to increase charitable giving.
Posted on: June 18, 2019
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