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Top 1% of U.S. nonprofits account for 75% of revenue
- mtweak 2mo agoHi HN, OP here. There is about a terabyte of XML IRS disclosures behind this number, so it's quite an exercise to derive. A few other interesting stats that explain the stat further: - "Revenue” is not the same as donations - The the nonprofit dataset includes hospitals, universities, insurers and other tax-exempt businesses. Even patient fees, tuition, and investment income count as this revenue. - The revenue skew is pretty extreme: $164k is the median, $6.43M is the average - Scale attracts more scale: The concentration of revenue is increasing over the years - As you can guess: hospitals and universities are among the largest orgs by revenue. Definitely a different view of what a nonprofit means!
- _m_p 2mo agoIs this not just Pareto Principle?
- mtweak 2mo agoIt's quite a bit more extreme than 20/80. It's also surprising that there is increasing consolidation vs. not.