May 15, 2008
The Nonprofit World: Its Size and Scope
Nonprofit groups are growing faster than the rest of the economy, according to figures released this month by the Urban Institute in Washington.
While the U.S. gross domestic product increased by approximately 35 percent from 1995 to 2005, after adjusting for inflation, the revenue of nonprofit groups rose by nearly 55 percent and their total assets grew by 77 percent. Nonprofit groups account for 5 percent of the gross domestic product, according to data reported in the Nonprofit
This is an article for subscribers only. But for a limited time, you can access all of Philanthropy.com once you create a free account.
Print Subscription
Digital Subscription
Already have an account? Log In Now.
