Thanks to the V3 Campaign (http://www.V3campaign.org) for providing this incredible data on nonprofits:
$300 Billion in Annual Donations
70% of American households donate to nonprofits, and value the uniquely American ability to deduct those contributions on their annual tax return.
80 Million Volunteers Annually
In addition to contributions, nonprofits channel the equally valuable commodity of TIME. 90% of incoming college freshmen have performed community service. As the 80 million “baby boomers” grow older, utilizing their valuable life skills will fall to the nonprofit sector.
$3 Trillion in Assets
Nonprofit organizations hold assets that when combined make them one the top 10 economies on the planet.
14 Million Employees
The nonprofit sector employs 7% of the American workforce, making it a major economic stimulator in every community. The nonprofit sector is one of the top 3 employers in many states, and it contributes billions in employment taxes annually.
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