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THE NONPROFIT MARKET

4,000 POTENTIAL CORPORATE CLIENTS
200,000 EMPLOYEES
$12 BILLION IN TOTAL ANNUAL SPENDING
6,000 SEPARATE LOCATIONS
10,000 DIFFERENT PROGRAMS

The community of nonprofit human services providers in the New York metropolitan area represents an enormous segment of the regional economy. With an estimated 200,000 employees and over $12 billion in annual spending, these 4,000 social service organizations operate more than 10,000 programs at 6,000 separate locations. Together, these nonprofit providers offer a broad array of social services to the region's population. These services include:

Child Welfare Day Care
Senior Services Employment and Vocational Training
Mental Health / Developmental Disabilities Housing and Homeless Services
Economic Development Youth Services
Home Health Substance Abuse Treatment

With total annual spending of over $12 billion, these nonprofit corporations are major consumers of products and services, including:

Banking and Financial Services: New York area nonprofits have a total of over $4 billion in endowments
or other financial reserves. More than 20% have bank deposits totaling $2 million or more. Another 25% have reserves ranging from $275,000 to $2 million. Area nonprofits are also significant consumers of bank credit, borrowing more than $350 million annually.

Insurance and Employee Benefit Programs: Local nonprofits spend an estimated $75 million annually on various liability insurance premiums and over $2 billion on total employee benefits. More than two-thirds offer employee medical coverage and more than half provide dental insurance.

Real Estate and Facility Services:Nonprofits spend more than $750 million annually on the rental and operation of
space for offices and programs. Approximately 50% rent space and more than 25% have relocated within the past five years.

Computers and Office Equipment: Nonprofits spend over $300 million annually on the purchase and rental of computer systems, office copiers, fax machines, telecommunications equipment, office furniture, etc.

Office Supplies: Human services agencies buy more than $75 million worth of consumable stationary and office supplies annually.

Consultant Services: Local nonprofits spend more than $400 million annually on consultants, in both industry-specific
areas such as fund raising and program development and in more generic fields such as law, accounting, systems development and executive search services.

Training and Staff Development: New York area nonprofits allocate over $50 million annually towards educational and training programs for their employees.

 

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