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Thaddaeus Hubbard

As seen in: Center for Effective Philantropy
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To Strengthen Nonprofits, Fund Cost Clarity First Thaddaeus Hubbard Principal, BSEG Advisory

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By Thaddaeus Hubbard, Chloe Heskett
| Center for Effective Philantropy
CEP’s “State of Nonprofits 2026” confirms what many funders already sense: The sector is under severe strain. Burnout among nonprofit CEOs jumped to 46% this year, up from just under 30% in 2025. Fifty-seven percent of leaders say foundation grants are harder to get than before. And 39% of organizations ran a deficit in their last fiscal year, nearly double the 22% who did in 2022. The easy reading of that data is a revenue story. Money got tighter, so deficits grew.
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