Success More than half of the organizations evaluate their work as partially successful, and only three NGOs believe they are unsuccessful. The current economic situation in Latvia is not favorable for the activities of the non-profit sector. Although there are numerous funding sources available, none of the organizations rated their financial status as very good. Instead, the majority believe themselves to be poor or very poor. Only nine organizations consider themselves financially sound enough to implement their programs.
Annual budgets are in a miserable state.
Most NGOs operate on budgets ranging from USD 500 to USD 5,000, and only three groups' annual budgets exceed USD 50,000. Membership fees are not a reliable and sufficient source of finances for NGOs, and neither are national private donations. In most cases foreign grants help organizations to continue their activities, contributing from 25 percent to 50 percent of total annual budgets. At the same time, more than 50 percent of NGOs do not have access to international financial resources. Seventeen Latvian organizations acknowledged REC grants as a meaningful contribution to their activities, and eight make use of government grants.