Saturday, November 21, 2020
Independent Sector: Health of the U.S. Nonprofit Sector
Independent Sector has published a report titled Health of the U.S. Nonprofit Sector (free sign-up required to access). Here is the Snapshot of the report's findings provided by IS:
- Nonprofits make up 5.5% of Gross Domestic Product (GDP)
- In 2019, Americans gave $450 billion to charity, but the number of donors continued a downward trend, declining by 3%
- Nonprofits make up 7% of total workforce and 10% of private workforce
- 59% of U.S. public trust nonprofits to do what is right
- Voters contacted by nonprofits turn out at rates 11 percentage points higher than comparable voters
- 7% of nonprofits are estimated to close due to the pandemic and almost 1 million nonprofit jobs have been lost
Lloyd Mayer
https://lawprofessors.typepad.com/nonprofit/2020/11/independent-sector-health-of-the-us-nonprofit-sector.html