Building Philanthropy for a Better Florida

Economic Impact of the Nonprofit Sector in Miami-Dade County 2020

Publication date: 
June, 2020
Source(s): 
FIU Jorge M. Pérez Metropolitan Center

This 48-page report is a comprehensive study of the nonprofit sector in Miami-Dade County, focusing on their impact on the local economy and community. It is the first such study in 14 years. The related infographics offer an easily digestible form of the key findings.

The Greater Miami Chamber of Commerce Nonprofit Business Committee and Philanthropy Miami spearheaded the study, which was conducted by Florida International University’s Jorge M. Pérez Metropolitan Center. Partners who funded the research are Wells Fargo, The Miami Foundation, United Way of Miami-Dade, The Children’s Trust, S.IMPACT and the Center for Social Change.

Introduction

The nonprofit sector is an integral part of the economy that has not received sufficient attention, comparable to other sectors such as hospitality and tourism, manufacturing and high tech. Nonprofits serve important functions that are not fulfilled by any other sector as they respond to unmet needs in communities. This report’s focus on nonprofits, designated as 501(c) by the Internal Revenue Service, and specifically those nonprofits that are public charities, highlights their importance and contribution to the local economy and community.

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Related Organizations: 
Wells Fargo
The Miami Foundation