By Susan Geier
for New Hampshire Business Review
The harm done to New Hampshire’s nonprofit industry brought by the global Covid-19 pandemic has been swift.
“Nonprofits are making layoffs right now. Nonprofits are closing right now,” said Katie Merrow, vice president of community impact at the New Hampshire Charitable Foundation.
A survey conducted by the New Hampshire Center for Nonprofits during the week of March 23 found 85% of nonprofits said they were already experiencing or anticipate experiencing financial hardships, said Executive Director Kathleen Reardon. (Photo by Cheryl Senter)
In 2019, there were 6,547 charitable 501(c)(3) organizations in New Hampshire employing more than 83,000 people and generating $11 billion in revenue and $4.6 billion in wages, according to the New Hampshire Center for Nonprofits.
It’s clear the numbers for 2020 will be very different, especially since the spring is traditionally a time many nonprofits hold their biggest fundraisers. Many have canceled or postponed events, while other organizations are trying online versions of their events.
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