Community nonprofits have continued optimism about the upcoming year. They are also still more optimistic than the private sector.
Nearly 40% of community nonprofits plan to expand, restructure, and grow over the coming year. Similar to the previous quarter, one-third anticipate increased demand and one-quarter expect reduced cash reserves over the coming quarter.
Almost half of of the nonprofits plan to increase wages for existing employees, encourage training opportunities, and increase benefits to keep and attract employees. Other strategies community nonprofits are using include offering flexible schedules and remote work options.