{"id":32,"date":"2017-01-30T06:04:02","date_gmt":"2017-01-30T06:04:02","guid":{"rendered":"http:\/\/reendex.via-theme.com\/?p=32"},"modified":"2024-04-16T12:08:20","modified_gmt":"2024-04-16T10:08:20","slug":"the-economic-impact-of-non-profit-organizations","status":"publish","type":"post","link":"https:\/\/unicom-tn.com\/HD24\/2017\/01\/30\/the-economic-impact-of-non-profit-organizations\/","title":{"rendered":"The Economic Impact of Non Profit Organizations"},"content":{"rendered":"
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T<\/span>he overall economy<\/a> has been expanding slowly, but at least one sector is vibrant: nonprofits<\/em>, which have been growing at a breakneck pace.<\/h3>\n<\/div>\n
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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<\/strong><\/em> within each local economy, and then simulated using input-output analysis<\/strong><\/em> with social accounting matrix extensions.<\/p>\n

Output multipliers are generated for the Arts, Education, Environment, Health, Human Services, and Other non-profit sectors<\/strong><\/em> using software, which calculates the ripple effects throughout each local economy.<\/p>\n<\/div>\n

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If the global nonprofit sector were a country, it would have the sixteenth largest economy<\/a> in the world.<\/strong><\/h3>\n
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There are still considerably more businesses than nonprofits<\/em>, of course, about four times as many.But over that period, nonprofits also outpaced businesses in their percentage growth in hiring<\/em>, wages and contribution to the gross domestic product, according to the Urban Institute.<\/p>\n

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.<\/p>\n

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

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Nonprofit Employment as a Percentage of Private Employment<\/a><\/strong><\/h3>\n
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In addition to the economic activity<\/em> encouraged by nonprofits and the countless dollars that nonprofits save governments<\/em> through their efficient service delivery, nonprofits are also one of the greatest sources of employment across the country.<\/p>\n

According to the Bureau of Labor Statistics, the nonprofit sector employs 11.4 million people – that’s 10.2 percent of the American workforce!<\/p>\n

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<\/em>, wages and contribution to the gross domestic product, according to the Urban Institute to the Bureau of Labor Statistics.<\/p>\n<\/div>\n<\/div>\n

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For Nonprofits, a Bigger Share<\/a> of the Economy<\/strong><\/h3>\n
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All told, roughly 1.6 million nonprofits employed 10 percent of the domestic work force<\/em> 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.<\/p>\n

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<\/em>, wages and contribution to the gross domestic product, according to the Urban Institute.<\/p>\n<\/div>\n

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Our economy is based on spending billions to persuade people that happiness is buying things, and then insisting that the only way to have a viable economy is to make things for people to buy so they\u2019ll have jobs and get enough money to buy things. Philip Slater<\/a> – Actor, Playwright, and Sociologist<\/cite><\/p><\/blockquote>\n<\/div>\n