Modest improvements in the economy will boost charitable giving over the next five years
Los Angeles, CA (PRWEB) February 09, 2013
The Conservation and Human Rights Organizations industry managed to weather the recession with only limited decline. Over the five years to 2013, industry revenue grew at an average annual rate of 2.5%, reaching $25.8 billion. The industry is composed of nonprofit organizations that primarily derive revenue from private donations and government grants. Federal funding for social services expanded during the recession, a factor that positively impacted industry revenue over the five-year period. At the same time, however, rising unemployment and declining per capita disposable income resulted in lower private donations, which led to a 0.4% revenue dip during 2009. According to IBISWorld industry analyst Caitlin Moldvay, “During the recovery period, the industry has managed to grow steadily, aided in part by increased donations to international affairs organizations and a rise in bequest donations.” During 2013, modest economic improvements and rising disposable income are expected to result in increased private donations to social advocacy organizations, leading to a 2.0% revenue gain during the year.
The Conservation and Human Rights Organizations industry is highly fragmented and includes a wide variety of nonprofit organizations that promote human rights, environmental and wildlife protection, antipoverty programs and other social change platforms. Over the past five years, the number of industry organizations has grown steadily. “In particular, the number of human rights and environmental organizations has grown at faster-than-average rates during the period,” says Moldvay. The niche-based nature of industry organizations allows market share concentration to remain low.
Over the next five years to 2018, industry revenue is projected to rise strongly. Rising private donations and membership fees, the result of increased disposable income among consumers, will positively impact industry revenue. In particular, industry organizations that promote environmental and conservation efforts, as well as organizations that represent senior citizens, are expected to show strong growth over the next five years. Revenue growth will, however, be curtailed by expected federal and state budget cuts to social service programs, due to rising budget deficit concerns. For more information, visit IBISWorld’s Conservation & Human Rights Organizations in the US industry report page.
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IBISWorld industry Report Key Topics
This industry includes organizations primarily engaged in promoting a wide range of social and environmental issues. These primarily include causes associated with human rights, environment and wildlife protection, community action, peace, international awareness and other social causes.
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Globalization & Trade
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
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