Test Your Knowledge Of The Nonprofit World - TheNonProfitTimes: More than 1.4 million nonprofits were registered with the Internal Revenue Service (IRS) in 2009, an increase of 19 percent between 1999 and 2009. Total giving in 2010 reached $290.89 billion, up 2 percent from the estimate provided in 2009, after adjusting for inflation.
And, volunteers contributed 15 billion volunteer hours during 2010, worth $283.84 billion. The amount is calculated at $21.36 an hour, established by Independent Sector as the estimated dollar value of a volunteer hour. The rate will vary by state.
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