Nonprofit Insider

New Report Highlights the Economic Impact of New Hampshire’s Nonprofits

The NH Center for Nonprofits released the latest data on New Hampshire’s nonprofit sector. The report, entitled New Hampshire’s Nonprofit Sector in Brief focuses on the 6,547 charitable nonprofits located in New Hampshire.

The report shows that charitable nonprofits are a powerful force in the state’s economy, generating $11 billion in yearly revenue and employing 15% of New Hampshire’s workforce. 

“Nonprofits are integral to every facet of economic and social well-being in our state,” said Kathleen Reardon, CEO of the NH Center for Nonprofits.  “This report aims to deepen understanding of the scope and impact of the nonprofit sector as we work in partnership with business and government to sustain our state’s quality of life.”  

The report highlights the diversity of the nonprofit sector in New Hampshire, with organizations that range in size, mission, and funding models. The majority of New Hampshire’s nonprofits are small - 71% have less than $50,000 in revenue and achieve results by leveraging volunteers. Collectively, the nonprofit sector addresses a wide array of missions including human services, education, arts and culture, the environment and more. 

The value of volunteerism is also highlighted in the report. More than 329,000 Granite Staters volunteer each year, providing services that have an estimated value of $960 million. “It’s clear that the nonprofit sector in our state is built from the ground up,” noted Kathleen Reardon. “We must continue to encourage strong leadership through board service and volunteerism, support sustainable funding and charitable giving, and generate the voices needed for effective advocacy.”

Visit www.nhnonprofits.org/2019report to learn more and download your copy of the report.

Posted on: August 2, 2019
Topics: Something New

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