Volunteer Time Was Worth More Than $20 an Hour Last Year, Study Finds - Philanthropy.com

Volunteer Time Was Worth More Than $20 an Hour Last Year, Study Finds - Philanthropy.com: "Volunteer Time Was Worth More Than $20 an Hour Last Year, Study Finds

The average value of donated time 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, based on 2007 figures, the most recent available. Labor by volunteers in New York state was deemed the most financially valuable, at a worth of $28.04 per hour, followed by Connecticut volunteers, whose work was valued at $27.02 per hour."