The United Way of Central Maryland is experiencing a significant financial deficit of approximately $3 million. This shortfall has led to the layoff of 20 employees, representing 11% of its staff. The organization is also behind on distributing promised grant payments to local nonprofits. These delays are attributed to cash flow challenges and reduced pandemic-era funding. The nonprofit expects to resolve all outstanding payments by the end of the month.
Baltimore, Maryland
https://www.thebanner.com/economy/united-way-central-maryland-grant-payments-4ZUWHNFCD5EZ5IBCTXIIIJRD3E/