Last week, the New York State Comptroller’s office issued a report focused on the New York State nonprofit sector, utilizing data from 2017, the most recent data available. The report provided the following hi-lights:
- Nonprofits provided over 1.4 million jobs, comprising approximately 17.8% of private employment in the State
- Wages paid to New York nonprofit staff aggregated over $78 billion, or an annual average salary of $55,572 (10% lower than the average salary paid to other private sector industries)
- The nonprofit sector added more than 175,000 jobs between 2007 and 2017 (a 14% gain)
- There were almost 300,000 nonprofits nationwide in 2017, with 33,700 of them in New York State (11.3% of all the nonprofits in the country). New York State has experienced a 19.3% increase in the number of nonprofit organizations over the last decade
- The healthcare industry (44%), the educational sector (20.4%), and social services companies (16.9%), make up the largest segments of employers in the nonprofit sector.
To view a copy of the entire study, click here.