Knight Foundation Finds Nonprofit Sites’ Revenue Rising but Sustainability Elusive

by: Rick Edmonds | Poynter

The Knight Foundation finds progress in the nonprofit news sector in its latest report, released today, with average revenues up 73 percent in two years at 20 outlets it has been tracking.

 

“But the issues are not going away,” Jon Sotsky, Knight’s director for strategy and assessment, said in a phone interview. “They’re still over dependent on foundation grants,” with many potentially in trouble if key grants are not renewed or replaced.

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