How to Use Data Management to Forecast Fundraising Revenue
TopNonprofits Contributor2023-06-21T09:51:34-04:00Before renting an apartment or purchasing a car, you would first decide whether you can afford the purchase. For major everyday purchases like these, affordability is determined by comparing your income to the cost, and the same is true for nonprofit budgets. Since nonprofits depend on charitable donations, their income may seem unpredictable. However, your nonprofit can use its data to predict the results of your future fundraisers. In this guide, we’ll explore three data management tips to help your nonprofit forecast fundraising revenue: Expand your nonprofit’s database Identify revenue patterns Analyze past fundraising results When you manage your data responsibly, [...]