According to a recent report by the Maine Association of Nonprofits (MANP) and corresponding article on the Portland Press Herald, “if Maine really wants to save money, a new report suggests an investment in the nonprofit sector would bring big dividends.”
“Non-profits are the state’s second-largest employer and already provide millions in savings in areas such as health care.”
“Key findings of in the new report, based on the most recent data available:
- Maine nonprofit organizations add $8.2 billion to the Maine economy annually. That represents 17 percent of the state’s gross product, which is greater than the manufacturing and construction industries combined;
- Maine nonprofits employ one in seven workers, making the sector the second largest employer in Maine behind retail;
- More than half of Maine’s 6,315 registered nonprofits are small, with annual incomes of less than $25,000.”