Economic Impact of the Nonprofit Sector in Idaho Nora J Carpenter, Chairman, Idaho Nonprofit Center Board of Directors

Economic Impacts of Idaho’s Nonprofits Organizations Report  Commissioned by the Idaho Nonprofit Center in 2011 and updated in 2014  Research conducted by Steven Peterson, Research Economist, University of Idaho  Commissioned by the Idaho Nonprofit Center in 2011 and updated in 2014  Research conducted by Steven Peterson, Research Economist, University of Idaho

What’da ya know?  How many registered nonprofit organizations in Idaho?

+7,000 Registered nonprofits in Idaho  Nonprofits in Idaho are the bridge between our private and public sectors  Provide rich historical, cultural, ethnic and ecological service  Fill significant gaps in education and social services  Nonprofits in Idaho are the bridge between our private and public sectors  Provide rich historical, cultural, ethnic and ecological service  Fill significant gaps in education and social services

 How many paid staff positions? What’da ya know?

More than 52,000 paid employees  When measured in jobs, Idaho’s nonprofit sectors is larger than all counties except Ada  Would rank 6 th as an industry in Idaho  Pays $2.6 Billion in total aggregate compensation in Idaho  Contributes more than $40M annually in personal income tax  When measured in jobs, Idaho’s nonprofit sectors is larger than all counties except Ada  Would rank 6 th as an industry in Idaho  Pays $2.6 Billion in total aggregate compensation in Idaho  Contributes more than $40M annually in personal income tax

 What is the impact of the nonprofit sector to Idaho’s gross state product? What’da ya know?

Idaho’s nonprofits are significant to Idaho’s economy  Brings $2.3 Billion annually to the gross state product in 2013 from federal dollars  Idaho’s nonprofits add between 4 & 6% to Idaho GSP annually  One the largest of Idaho’s economic sectors  $129 M annual tax revenue  Brings $2.3 Billion annually to the gross state product in 2013 from federal dollars  Idaho’s nonprofits add between 4 & 6% to Idaho GSP annually  One the largest of Idaho’s economic sectors  $129 M annual tax revenue

 How many hours of volunteer labor did Idahoans give to their community or cause thru nonprofits last year? What’da ya know?

The Big Multiplier – Volunteers!  58.2 M hours of volunteer labor annually  425,000 Idahoans volunteer annually  Rank 3 rd per capita for volunteer time  If converted to wages: volunteer time $19.30/hr equaling $1.13 billion injection into economy (equivalent to 28,000 jobs)  58.2 M hours of volunteer labor annually  425,000 Idahoans volunteer annually  Rank 3 rd per capita for volunteer time  If converted to wages: volunteer time $19.30/hr equaling $1.13 billion injection into economy (equivalent to 28,000 jobs)

What this means to Idaho and local communities  Nonprofit orgs play a significant role in quality of life, and economic survivability of the State  ‘Boot-strapping’ at its best  Powerful reflection of Idaho’s ‘pioneer spirit of independence’ and best of ‘interdependence’  Nonprofit orgs play a significant role in quality of life, and economic survivability of the State  ‘Boot-strapping’ at its best  Powerful reflection of Idaho’s ‘pioneer spirit of independence’ and best of ‘interdependence’

The full report www. Idahononprofits.org