FINANCES. In addition to being a major employer, the Vir-‐
FIGURE 2.2 Nonprofit employment as a share of total employment, Virginia vs. the nation, the South Atlantic, and selected South Atlantic states P E R C E N T O F T O T A L E M P L O Y M E N T
8.4% 7.1%
6.6%
6.9% 6.1% 5.7%
VIRGINIA VIRGINIA
United States
South Atlantic
NC
FL
GA
*full-‐time equivalent
Source: Johns Hopkins Nonprofit Economic Data Project based on QCEW data
FIGURE 2.3 Nonprofit expenditures per capita, Virginia vs. the nation, the South Atlantic, and selected South Atlantic states, 2010
VIRGINIA $6,318 N O N P R O F I T E X P E N D I T U R E S P E R C A P I T A
ginia nonprofit sector has a considerable financial footprint in the state. In particular, as of 2010, Virginia nonprofits: o Generated over $39.2 billion in revenues. o Spent over $37.9 billion, including over $11.4 billion in wages and compensation. o Held nearly $78.0 billion in total assets. Moreover, through the $11.4 billion in wages and compen-‐ sation that they paid, Virginia’s nonprofits generated approx-‐ imately $313 million of state income tax revenues and $985 million in federal income taxes. FINDING II: THOUGH SIZEABLE, VIRGINIA’S NONPROFIT SECTOR REMAINS SMALLER THAN ITS COUNTERPARTS NATIONALLY. VIRGINIA NONPROFITS IN CONTEXT. At 6.6 percent, the nonprofit share of total employment in Virginia is slightly above the averages of several nearby states, including Geor-‐ gia (5.7 percent) and Florida (6.1 percent). However, expand-‐ ing one’s focus reveals that the state’s nonprofit sector is relatively small within both regional and national contexts. FIGURE 2.2, the nonprofit share of total Thus, as illustrated in employment in Virginia trails behind the South Atlantic av-‐ erage of 7.1 percent and is well below the U.S. average of 8.4 percent. In fact, the size of Virginia’s nonprofit sector would be even smaller if not for the significant mass of nonprofits clustered near Washington, D.C. in the northern part of the state. De-‐ monstrating the importance of this region to the vitality of the state’s nonprofit sector: o A third of all Virginia nonprofit employees work for or-‐ ganizations located in the Northern region. o Virginia’s overall nonprofit expenditures per capita in 2010 were $4,725, which was slightly below the U.S. av-‐ erage of $4,856 but significantly higher than the aver-‐ ages in nearby comparison states. However, in Virginia’s Northern region they averaged $6,318 per capita— about 30 percent above the national average. In the balance of the state, however, nonprofit expenditures per capita averaged a much lower $3,973—well below both the U.S. and South Atlantic averages, as shown in FIGURE 2.3.
$4,856
$4,725
$4,224
$3,973
$3,620 $3,553 $3,159
VIRGNIA Northern Virginia United VIRGINIA Virginia
excl. NoVA
South States Atlantic
NC
GA
FL
Source: Johns Hopkins Nonprofit Economic Data Project based on 990 data
Virginia's nonprofit sector: SHAPING THE ECONOMIC, CULTURAL, AND SOCIAL LANDSCAPE | Nonprofit Economic Data Bulletin #41 | 5