Current Economic Situation and How it May Impact Nonprofits

• Understand and build a cash flow plan
• Do a deep dive into expenses
• Take a closer look at personnel costs
• Insurance considerations and continuity plan

2023 State of BC's Non Profit Sector Safety Net

There are approximately 31,000 non-profit organizations in BC, including community, business, and government non-profits.

This survey and report represent a snapshot in time about the community non-profit sector. In 2023, the sector continues to be committed to serving residents in their communities.

Sooke Region Communities Health Network has a history of bringing nonprofits in the region together, either through support, resources, fairs, consultations, coordination meetings and the like. After two years of the pandemic and the lack of in-person gatherings, it was felt that it was time to reconnect. An invitation was sent out to over 200 nonprofit and volunteer organizations in the Sooke Region and over 20 from varying sectors attended the meeting held at Sooke Community Hall on June 22, 2022.