Welcome! Login | Register
 

Worcester Police Officer and Local Boy Drown in Accident, and in Braintree 2 Police Shot, K-9 Killed—Worcester Police Officer and Local Boy Drown in…

Person of Interest Named in Molly Bish Case By Worcester County DA—Person of Interest Named in Molly Bish Case…

Bravehearts Escape Nashua With a Win, 9th Inning Controversy—Bravehearts Escape Nashua With a Win, 9th Inning…

Worcester Regional Research Bureau Announces Recipients of 2021 Awards—Worcester Regional Research Bureau Announces Recipients of 2021…

16 Year Old Shot, Worcester Police Detectives Investigating Shooting at Crompton Park—16 Year Old Shot, Worcester Police Detectives Investigating…

Feds Charge Former MA Pizzeria Owner With PPP Fraud - Allegedly Used Loan to Purchase Alpaca Farm—Feds Charge Former MA Pizzeria Owner With PPP…

Facebook’s independent Oversight Board on Wednesday announced it has ruled in favor of upholding the—Trump's Facebook Suspension Upheld

Patriots’ Kraft Buys Hamptons Beach House for $43 Million, According to Reports—Patriots’ Kraft Buys Hamptons Beach House for $43…

Clark Alum Donates $6M to Support Arts and Music Initiatives—Clark Alum Donates $6M to Support Arts and…

CVS & Walgreens Have Wasted Nearly 130,000 Vaccine Doses, According to Report—CVS & Walgreens Have Wasted Nearly 130,000 Vaccine…

 
 

MA Nonprofits Generate Over 551K Jobs & $36 Billion in Wages

Saturday, July 13, 2019

 

Jim Klocke PHOTO: Massachusetts Non Profit Network

Massachusetts nonprofits generated over 551,000 jobs and $36 billion in wages, according to a new report from the Massachusetts Nonprofit Network (MNN). 

"The nonprofit sector's economic impact is not only large, it's growing at a rapid clip. The roles of nonprofits as economic engines and as service providers are both crucial to protect,” said Jim Klocke, CEO of MNN.

Read the Report Here

This report comes on the heels of a Giving USA Foundation report released in late June, which found that individual donations to American charities dropped by $3.2 billion nationwide in 2018.

MNN Report

The report draws on recently-released data from the U.S. Bureau of Labor Statistics to show the most up-to-date picture of the nonprofit sector's economic impact in Massachusetts.

The data shows that in 2017, Massachusetts nonprofits generated 551,117 jobs and $36.1 billion in wages. Nonprofits comprised almost 18% of the total workforce, the fifth highest percentage in the country.

The data also shows that from 2013 to 2017, nonprofit employment in Massachusetts grew by 41,763 jobs, an increase of 8.2%, and annual nonprofit wages grew by $6 billion, an increase of 20%.

The report makes three policy recommendations in support of the Massachusetts nonprofit sector:

  • Preserve and grow charitable giving, including the creation of a federal universal tax deduction and the restoration of the Massachusetts state charitable tax deduction;
  • Streamline state-level reporting requirements to remove duplication and reduce costs associated with reporting;
  • Optimize employer policies so that they work for nonprofits as well as for-profits.
 

Related Articles

 

Enjoy this post? Share it with others.

 

X

Stay Connected — Free
Daily Email