Non-Profit Blues

The stock market might be up and the economy shaking off the doldrums, but America’s non-profits won’t be seeing much relief any time soon. “The non-profit sector tends to lag the rest of the economy; it is slower to show the distress of a recession or the benefits of a recovery. Analysts say the sector could continue to be weighed down for years, largely by fiscal woes of state governments, including Illinois’, and the multiyear budgeting used by many foundations.”