New York’s nonprofit sector is shrinking even as it grows nationally. A new report from Comptroller Tom DiNapoli blames the trend on pandemic impacts, late government contracts, and economic uncertainty that’s dried up donations.
Nonprofits provide critical services like childcare, healthcare, and food assistance. At YWCA of Ulster County, leaders say low pay and building costs make maintaining programs difficult, according to Spectrum News. The report warns that continued declines could worsen service gaps, especially for vulnerable New Yorkers.
While inflation has strained donations, local efforts like High Falls Food Co-Op’s charitable round-ups are helping. YWCA leaders remain hopeful, believing community generosity will keep vital programs alive despite the financial challenges.