Mid Jan 2021 News Economic Impact

Florida’s 94,000+ nonprofits

¨ Directly employ more than 629,000, or 6.5% of Florida’s workforce

¨ Have an annual payroll of $33 billion

¨ Hold assets of $259.7 billion

¨ Generate $105 billion in annual revenue

¨ Pay an average hourly wage of $20.21 — 136% of the state’s minimum wage ($8.56)

Source: Florida Trend Nov. 2020 (all 501(c) organizations)

For additional information, view the Nonprofit Economic Trends report from Florida Nonprofits.

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