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by alexpotato 24 days ago
I don't know about in swimming centers in England but I do know YMCAs in the US often have budgets that look like:

- Revenue: $25.01M

- Expenses: $25M

So "small savings" like this can add up for them.

1 comments

This is mostly just due to how nonprofits work. If you have excess revenue, you can’t return it to shareholders so you might as well spend it on mission-oriented activities.
Non-profits have treasury functions.. it is prudent that many of them have some sort of cash reserves.
You can, and should, keep it in case you have less revenue next year though.
You can do this up to a point but if it looks like you're actually making a profit it might raise questions eventually. Keeping enough to cover one year's operating costs is pretty common though.
God forbid a non-profit try and compete honestly
Non-profits usually don't "compete" at least in the economic sense. They exist for a charitable purpose that isn't normally well-served by the competitive market.
First of all, charity is a christian concept that has no role in modern secular society. Anything worth doing out of the kindness of our hearts is worth doing collectively without expecting individuals do disproportionately sacrifice.

Second, of course zero-margin processes have an economic role. That is what market efficiency looks like. The entire point of competition is to produce these economic processes. The american brain can't fathom getting their money's worth lol