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Rise of the Nonprofit Sector

The Rise of the Nonprofit Sector Although not often thought of as a strong economic player, the nonprofit sector continues to grow and provide millions of meaningful jobs around the country, while also contributing billions to the economy. Check out just how dynamic the nonprofit sector is. What is a Houprofit? A nonprofit is a tax-exempt organization that benefits public interest. They fall into ten major categories: 1 Arts, cultures, and humanities 4 Health services (e.g., (e.g., museums, theaters) 8. Religion (e.g., houses of worship) hospitals, clinics) 2 Education and research (e.g., private colleges, research institutions) Human services (e.g., youth and housing programs) O Mutual/Membership benefits (e.g., professional societies, retirement funds) 6 International and foreign affairs (e.g., overseas relief) Other Environment and animals (e.g., zoos, sanctuaries, wildlife protection groups) 10. 2 Public and societal benefit (e.g., civil rights organizations, community foundations) The nouprofit sector is an economic powerhouse The Value of Nouprofits In 2010, the nonprofit sector contributed $804.8 BILLION to the U.S. economy, making up 5.5% of the GDP In 2010, public charities (the largest $1.51 trillion in revenue $1.45 trillion in expenses $2.71 trillion in assets portion of the nonprofit sector) reported: Nouprofits employ the third largest workforce in America, behind retail aud manufacturing In 2010, nonprofits employed about 10.7 MILLION 10% paid workers of the entire U.S. workforce odding nearly $322 billion in wages to the economy The nouprofit sector employs: In New England, the share of nonprofit employment reaches 18x more workers than the utilities industry 15x more 16% workers than the mining industry 10x more workers than the agriculture industry Volunteers contribute even more In 2011, 64.3 million Americans (26.8%), economic value The estimated value of volunteer time is $22.14/hr gave 7.9 billion hours of volunteer service, worth: $171 billion Growth in the Nonprofit Sector The number of nonprofits is growing: 2010 An estimated 2. nonprofit organizations operate in the United States 24% 2000 In 2010, 1.6 million nonprofits were registered with the IRS, an increase of 24% from 2000 Very small nonprofits (less than $5,000 in annual revenue) and religious congregations are not required to register with the IRS Profits continue to rise: From 2000 to 2010, nonprofit revenue grew 41% 2000 after inflation, more than double the growth of the GDP in the same period 2010 The nonprofit sector keeps adding jobs: Nonprofits continue to grow at a rate that surpasses both the Above average job growth in the nonprofit sector during that time occurred in business and government sectors Clinic 2.7°%o From 2000 to 2010, the nonprofit sector added jobs at an annual Arts and recreation average rate of 2.1% During the same time, 2.6% Education the for-profit sector lost jobs at an average rate of 0.6% 40%o 2.2% per year Ambulatory health care Social assistance Although the hospital field grew slightly less than the nonprofit field overall (1.8%), it still added 606,000 new jobs in the 10 year period Even in the face of the recession, the nonprofit sector grew From 2007 to 2009, the nonprofit sector During that time, the private added jobs at an sector lost jobs at an average rate of average rate of 1.9% 3.7% per year per year Nouprofit Trends Most nonprofits are small: In 2010, 75% of nonprofits had annual expenses of less than $500,000 The top sectors for nonprofit employment are Alealthcare 57% Hospitals employ roughly 1 in 3 nonprofit workers Education 15% Cocial assistance 13% Technology is causing the nonprofit world to explore Mel horizons Most nonprofits plan to double their use of mobile technologies in 2013, creating a more tailored and interactive relationship between nonprofits and supporters Globalizption means that disasters in other countries are increasingly important at home - donors and supporters are starting to react the same way no matter where a disaster occurs Nouprofits may grow to span more countries and help more people Juterested in joining the nouprofit sector, where meauingful job opportunities are grouping? Check out the University of San Francisco's Master of Public Administration and Master of Nonprofit Administration programs, where you can get the skills needed for a transformative career in the nonprofit sector. Learn more about the online MPA program at The on-campus full and part time programs can be found at or Cources: 2012.pdf ШШПШ

Rise of the Nonprofit Sector

shared by jaclynlambert on Nov 16
More and more people aspire to meaningful jobs in the growing Nonprofit Sector. Nonprofits are tax-exempt organizations that benefit the public and include organizations devoted to education, health c...


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