Researchers at the University of California Riverside(UCR) say the COVID-19 pandemic could reverse the Inland Empire’s decade of growth in nonprofits.
Non-profit startups have increased by 42 percent over the last decade in the Inland Empire, but it could all be at risks due to pandemic related financial hits says Dr. Karthick Ramakrishnan, Director of the Center for Social Innovation at UCR.
"One of the challenges now is that there is a lot of attention on small businesses and how vital they are to the economy," says Ramakrishnan. "That logic also applies to nonprofits. People may not realize, a nonprofit is also a business."