Research and Markets: The Nonprofit Industry Includes over 1 Million Organizations across the US with Combined Annual Revenue of More Than $1 Trillion
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DUBLIN--(Business Wire)-- Research and Markets(http://www.researchandmarkets.com/research/bf4e7f/nonprofit_institut) has announced the addition of the "Nonprofit Institutions" report to their offering. First Research is the leading industry intelligence company that helps sales teams perform faster and smarter, open doors, and close more deals. First Research performs the "heavy lifting" by synthesizing hundreds of sources into an easy to digest format that a sales person can consume very quickly to better understand a prospects business issues. Brief Excerpt from Industry Overview Chapter: The nonprofit industry includes over 1 million organizations across the US with combined annual revenue of more than $1 trillion. Major organizations include Goodwill Industries, Ascension Health, National Cancer Institute, New York University, and the Bill & Melinda Gates Foundation. The industry is highly fragmented: large organizations with assets of $10 million or more represent just 6 percent of the industry but account for more than 80 percent of the sector's total annual revenue. Although technically distinct, the terms "nonprofit," "tax-exempt," and "charitable" are often used interchangeably. Nonprofits are sometimes referred to as "501(c)" entities, after the section of the Internal Revenue Code that defines their tax status. COMPETITIVE LANDSCAPE Demand is driven by the need to represent special interests or provide social services that can't be met by the market or government. Organizations receive nonprofit status because their primary purpose is religious, charitable, scientific, literary, or educational in nature. Their purpose must be to serve the public good versus a private interest. The success of nonprofits often depends on efficient operations and their ability to match expenses with fluctuating revenues. Large nonprofits have advantages in fundraising due to strong name recognition. Small nonprofits can be successful if they serve a dedicated membership or have a dependable source of revenue. The industry is labor-intensive: the average annual wage for a nonprofit sector employee is about $35,000. Key Topics Covered: * Industry Overview * Quarterly Industry Update * Business Challenges * Trends AND Opportunities * Call Preparation Questions * Financial Information * Industry Forecast * Website and Media Links * Glossary of Acronyms For more information visit http://www.researchandmarkets.com/research/bf4e7f/nonprofit_institut Source: First Research Laura Wood Senior Manager press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Copyright Business Wire 2009
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