The Economic Impact of Non Profit Organizations

This thesis uses input-output modeling to measure the economic impact of non-profit sectors.The model is calibrated using data that describes the inter-industry relationships within each local economy, and then simulated using input-output analysis with social accounting matrix extensions.

Output multipliers are generated for the Arts, Education, Environment, Health, Human Services, and Other non-profit sectors using software, which calculates the ripple effects throughout each local economy.

There are still considerably more businesses than nonprofits, of course, about four times as many.But over that period, nonprofits also outpaced businesses in their percentage growth in hiring, wages and contribution to the gross domestic product, according to the Urban Institute.

The number of nonprofits in the United States grew 25 percent while the number of for-profit businesses rose by half of 1 percent, according to the most recent figures compiled by the Urban Institute.

All told, roughly 1.6 million nonprofits employed 10 percent of the domestic work force in 2010 and accounted for 5 percent of G.D.P. Nonprofits are all exempt from corporate taxes according to the Urban Institute.

In addition to the economic activity encouraged by nonprofits and the countless dollars that nonprofits save governments through their efficient service delivery, nonprofits are also one of the greatest sources of employment across the country.

According to the Bureau of Labor Statistics, the nonprofit sector employs 11.4 million people – that’s 10.2 percent of the American workforce!

Check out the map below to find out what percent of the workforce in your state is employed by a nonprofit. But over that period, nonprofits also outpaced businesses in their percentage growth in hiring, wages and contribution to the gross domestic product, according to the Urban Institute to the Bureau of Labor Statistics.

All told, roughly 1.6 million nonprofits employed 10 percent of the domestic work force in 2010 and accounted for 5 percent of G.D.P. Nonprofits are all exempt from corporate taxes.But aside from that, they are an extremely varied group. Most are charities, for which donations are tax-deductible.

According to the Bureau of Labor Statistics, the nonprofit sector employs 11.4 million people – that’s 10.2 percent of the American workforce! What percent of the workforce in your state is employed by a nonprofit. But over that period, nonprofits also outpaced businesses in their percentage growth in hiring, wages and contribution to the gross domestic product, according to the Urban Institute.

When it comes to the top 10 national economies around the globe, the order may shift a bit, but the key players usually remain the same, and so does the name at the head of the list. The United States has been the world’s biggest economy since 1871. But that top ranking is now under threat from China.

• Six of the seven largest economies in the world are projected to be emerging economies in 2050

The emerging markets can be difficult places in which to do business.

The ability to understand and adapt to local rules and customs will be essential, as will the right entry strategy and, where appropriate, the right partners. Good relations with local government and regulatory bodies will also be crucial.

And, in some cases, the best production centres may not be the largest consumer markets.

• Emerging economies need to enhance their institutions and their infrastructure significantly

The emerging markets can be difficult places in which to do business. The ability to understand and adapt to local rules and customs will be essential, as will the right entry strategy and, where appropriate, the right partners.

Good relations with local government and regulatory bodies will also be crucial. And, in some cases, the best production centres may not be the largest consumer markets.

• Showing signs of recovery, the global economy is projected to double in size by 2032 and nearly double again by 2050.

The emerging markets can be difficult places in which to do business.

The ability to understand and adapt to local rules and customs will be essential, as will the right entry strategy and, where appropriate, the right partners.

Good relations with local government and regulatory bodies will also be crucial. And, in some cases, the best production centres may not be the largest consumer markets.