Study: Belmont excels in nonprofit sector

TownOnline.com - Belmont Citizen-Herald - Local News: "Study: Belmont excels in nonprofit sector
By Jennifer Mann and Linda Pinkow
Thursday, April 14, 2005

A recent study has shown that Belmont has one of the highest concentrations of nonprofit workers in the state.

And Massachusetts is fourth in the country - behind only Washington, D.C., Vermont and North Dakota - according to the report by the Massachusetts Institute for a New Commonwealth.

The report concluded the nonprofit sector is now a driving force in the state's economy and a growing employer of the middle-class.

'Nonprofits have long been a critical source of civic leadership across the commonwealth,' said Ian Bowles, president and CEO of MassINC. 'With this report, we can now see that the sector is essential to the economic vitality of the state as well.'"