Sources of Revenue: Program Service for Religious, Grantmaking, Civic, Professional, and Similar Organizations, All Establishments, Employer Firms
REVPGSEF813ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
88,563.00
Year-over-Year Change
55.29%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures the sources of revenue for religious, grantmaking, civic, professional, and similar organizations in the United States. It provides insights into the financial health and sustainability of these types of nonprofit establishments.
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 Sources of Revenue: Program Service for Religious, Grantmaking, Civic, Professional, and Similar Organizations, All Establishments, Employer Firms trend represents the revenue generated from program services for these types of organizations. This data is used by economists and policymakers to analyze the funding sources and operational dynamics of the nonprofit sector.
Methodology
The data is collected through surveys of U.S. businesses and establishments.
Historical Context
This trend is relevant for understanding the financial landscape and revenue streams of the nonprofit industry, which plays a significant role in the U.S. economy.
Key Facts
- This trend represents over $1 trillion in annual revenue for U.S. nonprofit organizations.
- Program service revenue accounts for the largest share of total revenue for these establishments.
- The nonprofit sector employs over 12 million people in the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the sources of revenue, specifically program service revenue, for religious, grantmaking, civic, professional, and similar nonprofit organizations in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the financial health and sustainability of the nonprofit sector, which is a significant contributor to the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and establishments conducted by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and industry analysts to understand the funding sources and operational dynamics of the nonprofit sector, which informs policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The data is typically updated on a quarterly or annual basis, and there may be some delays in reporting due to the nature of survey-based data collection.
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Citation
U.S. Federal Reserve, Sources of Revenue: Program Service for Religious, Grantmaking, Civic, Professional, and Similar Organizations, All Establishments, Employer Firms (REVPGSEF813ALLEST), retrieved from FRED.