FIGURE 2.4 Nonprofit expenditures per $1,000 of gross state product, Virginia vs. the nation, the South Atlantic, and selected South Atlantic states, 2010 $104.18 $94.93 $93.63 $88.16 $84.11 $81.96 VIRGINIA United South GA NC FL VIRGINIA States Atlantic Source: Johns Hopkins Nonprofit Economic Data Project based on 990 data and the Bureau of Economic Analyses, Regional Economic Accounts E X P E N D I T U R E S P E R $ 1 , 0 0 0 O F G S P
As shown FIGURE 2.4, Virginia nonprofit expenditures per $1,000 of gross state product are $93.63—slightly be-‐ low the South Atlantic average of $94.93, and a full 10 percent below the national average of $104.18. Al-‐ though Virginia exceeds some of its South Atlantic neighbors on this measure, this again is likely due to Northern Virginia’s above-‐average performance. In short, Virginia’s nonprofit sector is a major economic force, representing the third largest employer among the state’s industries, and generating and expending bil-‐ lions of dollars on an annual basis. However, this sector remains smaller than many of its counterparts across the nation.
6 | Nonprofit Economic Data Bulletin #41 | Virginia's nonprofit sector: SHAPING THE ECONOMIC, CULTURAL, AND SOCIAL LANDSCAPE