Wednesday, February 23, 2005

Area Nonprofits Play Large Economic Role (washingtonpost.com)

Area Nonprofits Play Large Economic Role (washingtonpost.com): "Area Nonprofits Play Large Economic Role
Charitable Groups Generate Billions, Employ Hundreds of Thousands
By Jacqueline L. Salmon
Washington Post Staff Writer
Wednesday, February 23, 2005; Page B03
The Washington area's charitable organizations -- its universities, nonprofit hospitals, homeless shelters, think tanks, theaters and national nonprofits -- are a potent economic force employing more than one of every 10 non-government workers in the area and generating about $33 billion in annual revenue, according to a study to be released today.
The study, by the Nonprofit Roundtable of Greater Washington, found that nonprofit employment grew nearly twice as fast as other business employment from 1995 to 2003, and that the average nonprofit worker made almost as much as the average commercial employee. "

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