This is where innovative non profit organizations can benefit because it creates less of a competitive environment, fills an unfulfilled need and makes the innovative non profit organization stand out from the crowd of non profits.
The primary advantage of an innovative this organization is it has less competition. When a non profit has a cause that is different from the other non profit organizations that exist, it also means that the it has less competition in winning over possible contributors, volunteers, board members, members and participants with the organization. Less competition equates to more donations coming to the innovative non profit organization than to its counterparts that all have the same mission or cause.
Fills an Unfulfilled Need
A new and innovative non profit also serves the purpose of filling an unfulfilled need in the niche or community in which this organization operates. Non profit innovation creates a win-win situation because it allows the organization to help a cause that as of yet is not receiving help and earns the non profit more donations and funding. For example, if the local community has a large homeless teen population, but does not have a homeless teen organization, a new non profit with the mission of assisting the homeless teen population in the area springs up, a need that is yet unfulfilled starts to be filled.
Stands Out from the Crowd
Funds are limited for donors, grant organizations and other funding sources that non profit organizations rely on to operate. Innovative non profit organization can garner more donations than organizations that exist for the same purposes because it allows the innovative organization to stand out from the crowd of non profits asking for their money. When a non profit has a special cause and one that is different from other non profit organizations, it sets it apart from crowd. Donors may feel that their money is better spent on the innovative organization than the organization that already has millions of dollars in donations coming in from other sources.