Nonprofit Industry Analysis
The nonprofit sector is expected to Industry revenue is projected to grow at an annualized rate of 2.0% over the next five years. A declining unemployment rate and improving economy are expected to help support the industry. Growth in per capita disposable income is expected to support industry revenue. Furthermore, increasing discretionary income will result in larger and more frequent donations.
Organizations in this industry gain a significant portion of their funding through donations and partnerships with corporations. When corporate profit increases, companies are more likely to partner with and contribute to organizations that promote civic and social interests. Corporate profit is projected to increase significantly, posing a potential opportunity for the industry.