Baseline Profile of NPOs’ Performance in the Caribbean
Ambica Medine () and
Indianna Minto-Coy ()
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Ambica Medine: College of Sciences, Technologies and Applied Arts of Trinidad and Tobago
Indianna Minto-Coy: University of the West Indies (UWI)
Chapter Chapter 5 in Social Entrepreneurship Strategies and Social Sector Sustainability, 2023, pp 127-161 from Springer
Abstract:
Abstract The first baseline performance of the Caribbean nonprofit sector demonstrates positive and negative trends. Most NPOs are entrepreneurial and invest in earned income strategy but do not operate business-like. Notwithstanding, the data suggest that entrepreneurial NPOs have greater potential to operate business-like. There is still a heavy dependency on donations, with roughly 40% entirely financially dependent, placing them at operational risk. This dependency limits their human resources capabilities, with some operating many social programmes with limited staffing, questioning the quality of programme delivery and social value creation. The majority believe there are creating social impact. Still, the majority do not measure their social performance, suggesting flawed perception and raising the possibility that they are unaware of this possible ineffectiveness. While a point of concern, their participatory requirements relative to social development initiatives and the SDGs signal a greater need for social entrepreneurship strategies guiding operational changes.
Keywords: NPOs’ performance; Operational sustainability; SE strategies; Financial viability; Entrepreneurship; Caribbean NPOs; Baseline profile (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-18533-5_5
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DOI: 10.1007/978-3-031-18533-5_5
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