May 7, 2009
Average Time Donated by Volunteers Worth $20.25 Per Hour in 2008, New Study Finds
The average monetary value of time donated by volunteers was $20.25 per hour in 2008, according to a new study by Independent Sector, in Washington, a coalition of major charities and foundations.
The study also broke down the average dollar value of volunteer hours by state, using 2007 figures, the most recent state-by-state data available. Labor by volunteers in New York was deemed the most financially valuable, worth $28.04 per hour, followed by that of Connecticut volunteers,
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