Find stats on top websites
The non-profit social services industry, particularly child welfare, is stable but faces increasing demand and funding challenges. Organizations rely heavily on donations and grants. The focus is shifting towards comprehensive, community-based care and prevention, alongside traditional residential services. Technology is being leveraged for fundraising and outreach. Advocacy for policy changes remains crucial.
Total Assets Under Management (AUM)
Total charitable giving to human services organizations in United States
~Approximately $68.5 billion (2022, Giving USA)
(3.9% CAGR)
- Giving to human services organizations grew by 3.9% in 2022.
- This growth outpaced overall charitable giving.
- Reflects continued donor support for basic needs and social safety nets.
Approximately $250 billion
These platforms leverage artificial intelligence to identify high-potential donors, personalize outreach, and optimize fundraising campaigns, enhancing efficiency and donor engagement.
Utilizing digital platforms for remote therapy sessions, counseling, and support groups can expand access to mental health services for children and families in remote or underserved areas.
Blockchain technology offers enhanced transparency in donation tracking and fund allocation, building greater trust and accountability with donors by providing an immutable record of financial transactions.
The Family First Prevention Services Act (FFPSA) of 2018 redirects federal funding from supporting foster care placements to evidence-based prevention services for families, aiming to keep children safely at home.
FFPSA encourages KyUMH to expand its community-based prevention services and adapt its residential programs to meet stricter federal standards for qualified residential treatment programs (QRTPs).
This omnibus spending bill includes significant funding for social services, child welfare, and mental health initiatives, impacting federal grant opportunities and program support for organizations.
This act presents potential opportunities for KyUMH to secure additional federal funding for its diverse programs, particularly those related to mental health and family support.
While details can vary, state-level legislation like Kentucky HB1 (or similar bills related to budget, child protection, or social services) often influences state funding allocations, licensing requirements, and operational guidelines for child welfare agencies.
State-level policies directly affect KyUMH's licensing, operational funding from the state, and compliance requirements for its various child welfare programs within Kentucky.
Sign up now and unleash the power of AI for your business growth