Mission and More: The Economic Power of the Hudson Valley’s Charitable Nonprofit Sector
Hudson Valley nonprofits emerged out of the pandemic-related economic downturn as strong and as essential to the regional economy as ever, while simultaneously addressing heightened human service and related needs, according to a comprehensive study conducted by the New York Council of Nonprofits, Inc. (NYCON).
The research report, “Mission and More: The Economic Power of the Hudson Valley’s Charitable Nonprofit Sector”, which was commissioned by the Hudson Valley Funders Network, demonstrates that the nonprofit sector maintains a critical place in the Hudson Valley’s economy, providing nearly one out of every five non-governmental jobs in the region along with $7.4 billion in annual wages and an estimated $1.1 billion in state and federal payroll tax contributions.
Link to full Nonprofit Economic Impact Study
For County-level data, link to County Dashboard