- Economic Impact
|Economic Impact Report|
Economic forecasts predict that the State of Florida will face a budget shortfall in fiscal year 2018, and that the shortfall will increase in the following years. Past experience tells us that when state revenues shrink, the human services, affordable housing, environmental, and education sectors are often the first target for cuts. Providing both the state’s elected officials and its nonprofit sector with clear, concise, and accurate information on the breadth and financial scope of the nonprofit sector provides factual support for the investment in the services and resources nonprofits supply. The Florida Nonprofit Alliance commissioned an interactive report that creates a vibrant picture of the nonprofit sector’s positive economic impact in the State of Florida. The last economic impact report for Florida was completed in 2007 by Florida Philanthropic Network.
Goals and Outcomes
Nonprofits are more important than ever, not only through their various health, human service, and education, but also in their significant contribution to the overall economy. While there is considerable focus on the public and private sectors of our economy, the nonprofit sector’s economic contributions draw little attention. It is important to understand the contribution the nonprofit sector—which does not include government or public school employment—makes to statewide employment and to highlight its significance and economic contribution to our overall economy.
The research highlights the size and scope of the nonprofit sector and its importance to the state’s economy. It also highlight how far our state needs to go. Florida ranks 44th lowest in the nation for charitable giving and 50th lowest in the nation for Volunteerism. The Florida nonprofit economic impact report includes:
The information provided by this research can be used for educational purposes and as conversation starters with key elected officials and influencers to help them understand the breadth and depth of the nonprofit sector in their own states and districts. In addition, the report will highlight the role of the nonprofit sector in relation to state and local government dollars.
FNA can also create custom pieces by county, region, social function. Reach out to Sabeen at email@example.com if you are interested in commissioning a tailored piece for your community.
This report would not have been possible without the support of the sponsors below.