Original Source Date: July 21, 2202
Impact Highlights
| Annual ROI | Time Horizon | Confidence |
|---|---|---|
| 20.0% | 10.0 years | 2 - Strong |
| Geography | Demographics |
|---|---|
| Ohio, United States | All |
Article Details
A groundbreaking study conducted by the Human Services Chamber of Hamilton County in collaboration with the Alpaugh Family Economics Center at the University of Cincinnati has quantified the economic and social impact of nonprofits in Greater Cincinnati. The findings highlight the critical role nonprofits play in job creation, economic growth, and social services while generating substantial tax revenue for local and state governments.
Cincinnati Nonprofits: A $2.9 Billion Economic Engine
According to the 2022 study, 312 nonprofit organizations in the region generated a total economic impact of $2.9 billion. This figure includes both direct contributions from nonprofit operations and indirect benefits from their broader influence on the local economy.
Key Economic Statistics
✔️ $1.4 Billion in Direct Economic Output: Nonprofits generated $1.4 billion through their services, programs, and operations.
✔️ 24,003 Direct Jobs Created: The sector employed over 24,000 workers, collectively earning $751.4 million in wages.
✔️ $1.5 Billion in Indirect Economic Impact: Nonprofit-related spending supported 17,020 additional jobs in other industries, with an extra $1.3 billion in wages.
✔️ Total Employment Supported: 41,023 Jobs across Cincinnati.
Tax Revenue Contributions from Nonprofits
The nonprofit sector doesn’t just create jobs; it also generates millions in tax revenue that funds public services.
📌 $55 Million in Earnings Taxes: Employee wages contributed significantly to state and local tax revenues.
📌 $32.1 Million in Sales Taxes: Spending by nonprofit workers added over $32 million in tax revenue to state and county governments.
These figures debunk myths that nonprofits operate outside the economic system. Instead, they are a powerful driver of financial sustainability and public funding.
Social Impact: More Than Just Numbers
While this study focused on economic metrics, the social impact of Cincinnati’s nonprofits is immeasurable. These organizations provide essential community services, including:
💙 Affordable healthcare for underserved populations.
📚 Educational programs that improve literacy and workforce readiness.
🏠 Housing assistance for vulnerable residents.
🍽 Food security initiatives to combat hunger.
🎭 Arts and culture enrichment that enhances community engagement.
By addressing critical social issues, nonprofits reduce government burden, create a healthier, more educated workforce, and enhance overall quality of life.
Why This Study Matters
This first-of-its-kind analysis underscores the economic necessity of supporting nonprofit organizations. Executive Director Mike Moroski of the Human Services Chamber emphasized that nonprofits should be recognized not just for their missions, but for their massive economic footprint.
Key Takeaway: Investing in nonprofits is not just a social good—it’s an economic strategy that strengthens Cincinnati’s workforce, supports local businesses, and drives long-term economic growth.
🔍 Want to Learn More?
For full insights into the study, visit Cincinnati.com.
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