Nonprofit Statistics

Posted on Wednesday, November 20, 2013

You may not be aware of it, but the nonprofit sector is an enormous contributor to the U.S. economy.  According to the National Center for Charitable Statistics:

An estimated 2.3 million nonprofit organizations operate in the United States and 1.6 million are registered with the IRS as of 2012.

There were 323,039 congregations in the United States in September 2013.

In 2011, 26.8% of adults in the United States volunteered with an organization.  Volunteers contributed 15.2 billion hours, worth an estimated $296.2 billon.

Gifts from individuals, foundations, corporations and bequests were $298.42 billion in 2011.

In 2011, public charities reported $1.59 trillion in revenue, $1.49 trillion in expenses, and $2.87 trillion in total assets. 

The largest public charity in 2011 was the President and Fellows of Harvard College in Massachusetts with total assets of $59,837,950,000 and net assets of $36,635,013,000.  The largest Fortune 500 corporation in 2011 was Wal-Mart Stores with $421,849.0   million in revenues and $16,389.0 million in profits, according to CNN Money.

The largest public charities in Indiana in 2011 and their gross receipts:

  1. Indiana University Foundation (Bloomington) - $4,212,840,450               
  2. Indiana University Health Inc (Indianapolis) - $3,105,284,108                    
  3. University of Notre Dame Du Lac (Notre Dame) - $2,913,444,517                    
  4. Franciscan Alliance Inc (Mishawaka) - $2,369,317,141                    
  5. St Vincent Hospital & Health Care (Indianapolis) - $1,343,887,306                    
  6. Parkview Health System Inc (Fort Wayne) - $869,354,006                    
  7. Community Health Network Inc (Indianapolis) - $847,515,337                    
  8. National Collegiate Athletic Association (Indianapolis) - $837,685,051                       
  9. United Student Aid Funds Inc (Indianapolis) - $784,861,597                    
  10. Parkview Hospital Inc (Fort Wayne) - $670,413,668                       

The largest public charities in Indiana in 2011 and their total assets:

  1. Indiana University Foundation (Bloomington) - $2,054,874,726               
  2. Indiana University Health Inc (Indianapolis) - $4,366,601,484                   
  3. University of Notre Dame Du Lac (Notre Dame) - $9,138,313,389                   
  4. Franciscan Alliance Inc (Mishawaka) - $3,793,872,644                  
  5. St Vincent Hospital & Health Care (Indianapolis) - $1,385,448,775                   
  6. Parkview Health System Inc (Fort Wayne) - $1,179,955,138                   
  7. Community Health Network Inc (Indianapolis) - $1,483,674,583                  
  8. National Collegiate Athletic Association (Indianapolis) - $613,914,999                     
  9. United Student Aid Funds Inc (Indianapolis) - $1,024,408,298                   
  10. Parkview Hospital Inc (Fort Wayne) - $357,672,470                       

The largest Fortune 500 corporations in Indiana in 2011, according to CNN Money.

                                                                                                                      Revenues

                                                                                                                      (in millions)

  1. WellPoint (Indianapolis)                                                                 $        58,801.8
  2. Eli Lilly (Indianapolis)                                                                               23,076.0
  3. Cummins (Columbus)                                                                              13,226.0
  4. NiSource (Merrillville)                                                                                6,422.7
  5. Steel Dynamics (Fort Wayne)                                                                    6,300.9

Posted by: Carrie Minnich, CPA

Posted in Mission Minded Nonprofits

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