There seems to be a misconception out there that nonprofits should only spend a tiny sliver of their overall budget on overhead costs like administrative staff or technological infrastructure.
According to a recent post from Techsoup, this myth limits nonprofits can accomplish and their ability to grow. Many experts believe the opposite is actually true, claiming nonprofits that invest in themselves stand a better chance at improving and expanding.
It can be a tricky concept, but Techsoup’s post does a great job analyzing the intricacies of overhead spending and arguing that nonprofits should feel comfortable using more of their budget on things like staff, fundraising, and infrastructure.
Check out the post to learn more.