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June 22, 2018

Financial Report

Report: Florida's non-profit sector provides payroll of $26 billion annually

In Florida, 83,000 non-profits statewide receive $90 billion in annual revenue

| 5/17/2017

JACKSONVILLE — The Florida non-profit sector workforce has grown 40 percent over the past decade, and non-profits now employ more than 530,000 people, or 6 percent of the state’s workforce.

Florida has also seen an 80 percent increase in the number of non-profit organizations to 83,000 and a similar increase in payroll to $26 billion annually, according to a report and analysis released today by the Florida Non-profit Alliance (FNA).

“The growth and contributions we’ve seen from non-profit organizations and leaders over the past decade are staggering,” said Sabeen Perwaiz, executive director of FNA, which advocates on behalf of non-profits and seeks to create a more vibrant community for them. “The public and private sectors of the economy often draw considerable attention, but this reports demonstrates the strength of the non-profit sector and its importance statewide.We’re continuing to work with non-profits, business leaders and state legislators to create new opportunities.”

The FNA’s first-ever non-profit economic impact report is available online at FLNonprofits.org/page/EconomicImpact.

The report yielded significant findings including an increase in non-profit workforce from 380,000 to 520,000 over the past decade and an increase in the number of non-profits statewide from 46,587 to 83,449.

The state’s non-profit sector now generates nearly $90 billion in annual revenue (up from $48 billion annually a decade ago). Assets held by the non-profit sector are up more than 2.5 times from $76.2 billion to $205.7 billion.

During the past decade, the Southeast region of Florida surpassed the Tampa Bay region as the largest non-profit provider.

The FNA study was funded primarily by JP Morgan Chase and the data will be updated every two years. Additional sponsors include Florida Blue Foundation, Jessie Ball duPont Fund and The Community Foundation of Northeast Florida.

“This study helps us address many of the challenges nonprofits face and have talk about including better education for political leaders and the community on the impact of non-profits,” Perwaiz said.

About Florida Non-profit Alliance

The Florida Non-profit Alliance (FNA) is a statewide coalition of non-profits focused on research, collaboration and advocacy. Our mission is to inform, promote and strengthen Florida’s non-profit sector. We provide a collective voice at the state and national levels, educating elected officials and constituents, and serve as a central resource and referral center for and about non-profits. Visit www.flnonprofits.org.

Tags: Non-profit/Philanthropy

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