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The Nonprofit Sector in Brief: Public Charities, Giving and Volunteering, 2010

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Document date: September 01, 2010
Released online: September 14, 2010

Abstract

This brief highlights trends in the number and finances of 501(c)(3) public charities as well as key findings on private charitable contributions and volunteering, two vital resources to the nonprofit sector. It includes the most recent data available.


Current Highlights

Over 1.5 million nonprofits were registered with the Internal Revenue Service (IRS) in 2008. The largest single category? 501(c)(3) public charities?included over 950,000 organizations and accounted for three-fourths of nonprofit revenue and sixtenths of nonprofit assets. In 2009, total private giving was $303.8 billion, down 3.6 percent from the revised estimate for 2008. In 2009, 26.8 percent of U.S. adults said they volunteered through an organization. Volunteers contributed a total of 15 billion hours during the year, worth $279 billion at average wages.

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Topics/Tags: | Economy/Taxes | Nonprofits


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