Cautious Optimism in Q1 2024 but Reliance on Large Donors still a Problem
Q1 data shows a slight increase of 4.1% in dollars raised, while reporting a continued decline of -1.3% and -3.0% in donors and retention metrics, respectively.
Q1 data shows a slight increase of 4.1% in dollars raised, while reporting a continued decline of -1.3% and -3.0% in donors and retention metrics, respectively.
According to the 2024 Compensation and Benefits Report, the average fundraising salary in the U.S. saw a modest increase of 0.8% in 2023, rising from $95,841 to $96,621. This figure pales in comparison to the robust 6.7% increase seen in 2022, reflecting a slow growth trend that fails to keep pace with the 3% inflation rate over the same period.