
July 2022
Inflation has soared to the highest levels the United States has seen in about four decades. In June 2022, the U.S. Bureau of Labor Statistics reported that prices had risen 8.6 percent over the previous 12 months. Consumers, businesses and nonprofits across the country are feeling the effects of high prices. This post offers an overview of the effect of inflation on nonprofit organizations and a few tips on what they can do.