Showing posts with the label nonprofits

Should Effective Charities Prepare for a Recession?

I asked a number of people at effective altruism global in June a question that came to my mind: how would a recession affect charities aligned with effective altruism? A lot of people seemed to me to have concerns, and many people I talked to seemed to think their organizations did not have a plan for if a recession hits and donations decrease. I think that’s a problem worth some thought.

The effective altruism movement has now been booming for several years, with many EA-aligned animal organizations multiplying in size and achieving a cascade of long-sought cage-free pledges. EA-oriented meta organizations and those working on the long-term future of humanity have gained significantly more esteem. Evidence-based global development organizations have continued to be dominant in that sphere, even though they are increasingly less connected to self-described EA organizations. There is unmistakable growth.

That growth has occurred during the recovery from the Great Recession, a time when …