Total Revenue for Health Care and Social Assistance, Establishments Exempt from Federal Income Tax
REV62TAXEPT144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
516,514.00
Year-over-Year Change
31.51%
Date Range
1/1/2009 - 1/1/2025
Summary
This series tracks the total revenue for health care and social assistance establishments that are exempt from federal income tax. It provides insights into the financial performance of a key sector of the U.S. economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The total revenue for health care and social assistance establishments exempt from federal income tax is an important economic indicator that reflects the financial health and activity in this significant industry. It helps analysts and policymakers understand broader trends in the non-profit health and social services sector.
Methodology
The data is collected through surveys of U.S. businesses and organizations.
Historical Context
This revenue data informs analyses of the health care and social assistance industry's role in the broader economy.
Key Facts
- Health care and social assistance is a $2 trillion industry in the U.S.
- Non-profit organizations account for over 50% of total employment in this sector.
- Revenue data helps track the financial performance of the non-profit health care and social services industry.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total revenue for health care and social assistance establishments that are exempt from federal income tax, providing insights into the financial performance of this key non-profit sector.
Q: Why is this trend relevant for users or analysts?
A: The total revenue data is an important indicator for understanding the financial health and activity in the non-profit health care and social services industry, which plays a vital role in the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and organizations.
Q: How is this trend used in economic policy?
A: This revenue data informs analyses of the health care and social assistance industry's role and performance within the U.S. economy, which is relevant for policymakers and economic decision-makers.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential limitations in coverage or sampling, as is common with business survey data.
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Citation
U.S. Federal Reserve, Total Revenue for Health Care and Social Assistance, Establishments Exempt from Federal Income Tax (REV62TAXEPT144QNSA), retrieved from FRED.