Monday, February 10, 2014

Indiana nonprofit sector grew during Great Recession, outpacing state's for-profits and government : Newscenter : IUPUI

Indiana nonprofit sector grew during Great Recession, outpacing state's for-profits and government : Newscenter : IUPUI: Despite two recessions that hit the state’s for-profit sector hard, a new Indiana University report shows that the state’s nonprofit sector grew every year from 1995 through 2011. However, this growth was uneven and driven mainly by the nonprofit health care and education industries.

Three smaller industries -- arts, entertainment and recreation; social assistance; and membership and related organizations -- proved to be much more vulnerable to recessions and other external pressures. In each case, employment and payroll grew during the early years of the 1995-2011 period, but then stalled and declined.

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