Yesterday, The Chronicle of Philanthropy reported that the nation's biggest charities forecasted a 9-percent decline in giving. According to Stacy Palmer, editor at The Chronicle, charities are laying off staff members and recently, cutting into services to compensate for the loss of money going in.
Many charities recognize in this economy, people who don't have jobs are less likely to give to charities when they are struggling themselves to find a full-time job.
With the upcoming holiday season coming up, charities will continue to be hit. To read the full article at Marketplace Radio, click here and to find out more information about charities, check out BBB.
