Portland Press Herald: “Invest in nonprofits and save”

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.”

Read the full article here.

“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.”

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