According to a new report published by Global Market Vision, the global Nonprofit CRM Software Market is expected to grow at a steady CAGR from 2023 to 2030. The report provides an overview of the industry with growth analysis and historical and future cost, revenue, demand and supply data. It also provides a detailed description of the value chain and analysis of the distributor. The report also gives the import/export, supply, and consumption figures, as well as manufacturing costs and global revenues, and gross margin by region. Key players mentioned in the report include Bloomerang, Oracle, Bitrix24, Salsa Labs, Kindful, Salesforce.org, DonorSnap, Blackbaud, Virtuous, Z2 Systems, NGP VAN, CiviCRM, and Patron Technology.

The Cape Cod Times recently published an article by Marc L. Goldberg about strategic planning for nonprofits. According to research by David La Piana, “Sound strategy is at the heart of good nonprofit leadership.” Strategy advances the nonprofit’s mission resulting in financial and organizational sustainability. The article suggests that nonprofits should ask questions such as “What is our ‘business’?”, “Who are our ‘clients’?”, “What are our core competencies?”, “Who are our competitors and how do we compare?”, “What programs should we offer?”, “What is our position in the marketplace?”, and “What political, economic, and technological trends will impact us?” to begin their strategic planning. The article also states that the only real difference financially between a for-profit and a nonprofit is the tax status, and that both types of organizations need to be managed in the same way.

For many years, there has been a paradigm shift in the nonprofit sector due to the pandemic making it harder to contact donors or ask them to support campaigns. Technology has grown exponentially, and generative artificial intelligence (AI) and how it can be used to automate fundraising processes has become more popular. This has caused many traditional fundraising jobs to become obsolete, leaving many fundraisers uncertain of their future.