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, and in Washington and U.S. territories, using 2007 figures, the most recent state-by-state data available. Labor by volunteers in the District of Columbia was deemed the most financially valuable, worth $31.55
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