Report: nearly half of B.C. non-profits anticipate closing their doors if pandemic continues
KAMLOOPS — A February report highlighted how B.C. non-profit organizations are handling the burden of COVID-19.
Unraveling: Non-profits, COVID-19, and the Fabric of BC Communities – a report from Vantage Point, the Vancouver Foundation, and the Victoria Foundation with data from 930 non-profits – stated that 48 per cent of B.C. organizations anticipate closing their doors if the pandemic continues. Twenty per cent say it would be within the next year. Meanwhile, 71 per cent are expecting a budget shortfall in 2021.
Groups most concerned about having to shut down are arts and culture, sports and recreation, small organizations, and those serving racialized people.
In Kamloops, non-profits’ ability to thrive in the pandemic has varied.