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Nonprofits' growing economic clout raises concerns about tax breaks

from From Sun Herald

The U.S. nonprofit sector has survived surprisingly well since the 2008 financial crisis. Nonprofit sales of goods and services to households amount to almost $1 trillion a year - or more than five percent of gross domestic product. Nonprofit employment increased by almost two percent from 2007 to 2009, according to an analysis by Lester Salamon, S. Wojciech Sokolowski and Stephanie Geller of Johns Hopkins University. In the for-profit sector, in contrast, employment fell by almost four percent. more


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