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July 29, 2011
Facts on the Nonprofit Sector
- Nonprofit organizations employ approximately 13.5 million employees, or nearly 10 percent of the U.S. workforce.
- More individuals work for nonprofit organizations than are employed in the construction, transportation, publishing, and utilities industries combined.
- The nonprofit sector contributes more than $540 billion in wages annually to the economy; in 2007, it accounted for 9 percent of all wages and salaries paid in the U.S.
- Nonprofit organizations contribute 5 percent to the nation’s Gross Domestic Product (GDP). If the nonprofit sector were a country, it would have the 17th largest economy in the world, according to the World Bank.
- As of November 2010, there were 1.046 million public charities and almost 116,000 private foundations in the U.S.