The Baltimore Business Journal shared some encouraging economic news yesterday for nonprofits in Maryland with the results of a study showing the state’s non-profit work force grew by 2.7% in 2008. The good news is obviously tempered by the fact that the 2009 numbers on hiring and layoffs are not yet available to document the grim effects the economic recession has had on non-profits in Maryland, as well as the rest of the globe. The financial crisis was just hitting its grim stride at the beginning of 2009 as all companies began to make tough decisions to deal with the short and long-term effects.The numbers were promising in that non-profits were able to grow around the state before the inevitable cutbacks in the work force that occurred in 2009 as for-profits and non-profits alike had to become lean and mean to compete and survive long-term in a struggling economy.
Our nonprofit clients at Maroon PR are optimistic about the future as they work to gain market share and financial support from corporate partners in a very crowded landscape of worthwhile causes and organizations. We look forward to helping them reach their goals and emerge at the other end of the economic crisis as stronger and more competitive organizations as they continue to achieve great results for their beneficiaries.
Mitchell Schmale is the Vice President of Maroon PR's Corporate Division. You can contact him at mitchell@maroonpr.com.
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