Giving tree: NH nonprofits generate $11 billion a year

Giving tree: NH nonprofits generate $11 billion a year

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Charitable nonprofits generate $11 billion in annual revenue, and they employ 15% of the state’s workforce, according to a newly released study by the New Hampshire Center for Nonprofits. The state has 2,590 nonprofit employers, providing jobs for 83,453 people, the center says, citing federal labor statistics.

“I think many people implicitly understand that we rely on nonprofits in our lives and in our state pretty heavily,” Kathleen Reardon, CEO of the New Hampshire Center for Nonprofits, said in a phone interview Wednesday. “And yet I think oftentimes people think about the nonprofit sector in relation to the one that they are most familiar. And they misunderstand the diversity of organizations in our state and how they’re really integral to the social and economic vitality of our state.”

Source Name: 
New Hampshire Union Leader
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