There was a slight decrease in the number of respondents who reported operating expenses in excess of revenues; 26 percent, down from 28 percent in FY17.
Gaps between revenues and expenses are typically covered by unrestricted funds, though this has an effect on the flexibility of a community foundation’s business model, including their ability to invest in foundation-operated initiatives and leadership.
Averages were used to total 100%. (n=240)
Significant subsidy | Modest subsidy | Breakeven | Modest surplus | Significant surplus |
---|---|---|---|---|
7% | 11% | 31% | 37% | 15% |