The Blackbaud Index of Charitable Giving and The Blackbaud Index of Online Giving have been updated to show results for the 3 months ending January 2011 through the same period in 2010. Blackbaud updates these indices each month and they are based on a three-month moving average of year- over-year percent changes in revenue.
This is the first time that the indices have included fundraising data related to the 2010 Haiti earthquake. The Blackbaud indices include organizations that raised money specifically for Haiti relief in the year-over-year analysis. Some important trends will be explored later to show analysis of post-Haiti giving.
Overall Fundraising Trends
The Blackbaud Index of Charitable Giving is a broad-based fundraising index that reports total revenue trends of 1,434 nonprofit organizations representing $2.19 billion in yearly revenue on a monthly basis, both offline and online. The Index is based on actual revenue statistics from nonprofit organizations of all sizes representing arts, culture, and humanities; education; environment and animals; healthcare; human services; international affairs; public and society benefit; and religion sectors.
The Blackbaud Index of Charitable Giving reports that overall revenue increased by 4.7% for the 3 months ending January 2011 as compared to the same period in 2010. Small, medium, and large organizations all had positive growth in the analysis.
Online Fundraising Trends
The Blackbaud Index of Online Giving is a broad-based fundraising index that reports online revenue trends of more than 1,800 nonprofit organizations representing $426.5 million in yearly revenue on a monthly basis. The Index is based on actual revenue statistics from nonprofit organizations of all sizes representing arts, culture, and humanities; education; environment and animals; healthcare; human services; international affairs; and public and society benefit sectors.
The Blackbaud Index of Online Giving reports that online revenue decreased by 9.3% for the 3 months ending January 2011 as compared to the same period in 2010. Small and medium organizations were up in the analysis, but large nonprofits were down 28.2%. This is almost completely attributable to the large amount of Haiti relief giving in January 2010.
Disaster Giving
Giving both online and offline towards disaster relief had a significant impact on the nonprofit sector in 2010. The 2010 Online Giving Report goes into some detail about the significant amount of raised by International Affairs organizations.
Blackbaud did some analysis to see what would happen if International Affairs organizations were removed from the indices. The goal was to get a clearer view of non-Haiti related giving on a year-over-year basis.
The Blackbaud Index of Charitable Giving would be up 6.3% year-over-year if International Affairs organizations were removed. This shows that overall fundraising is beginning to show positive growth signs.
The Blackbaud Index of Online Giving would be up 0.8% year-over-year if International Affairs organizations were removed. The significant year-over-year decline in online giving is directly attributable to several large International Affairs organizations.
Online giving in response to Haiti was higher than all previous disasters and demonstrates that the Internet is a first response channel of choice for donors. This also means that it is normal and expected for organizations to have a significant year-over-year difference in their online fundraising.
This points out how online giving is more susceptible to dramatic changes because of episodic giving. We know from the 2010 Online Giving Report that online giving to Haiti was mostly concentrated in January 2010 and had much less impact on other months of the year. This is another reason why the Blackbaud indices use a three-month moving average as it allows spikes like this to be smoothed out over time.
Japan Earthquake and Pacific Tsunami
Blackbaud is monitoring early giving data from the Japanese earthquake and tsunami in March 2011. It is expected that this will follow similar trends from Haiti where the majority of online giving is concentrated over a short window of time. The giving is primarily going to large International Affairs organizations.
By Steve MacLaughlin on Mar 15, 2011
Tagged: Blackbaud Index Disaster Giving fundraising online giving