Number of the Day: 31,503

November 3, 2010 | Number of The Day

Nonprofits are big business in New Jersey. There were 31,503
501(c)(3) entities in the Garden State in 2009, according to the Center for Non-Profits, North Brunswick NJ.

Nonprofits employed more than 288,000 workers, which accounts for more than 7 percent of the state’s workforce. That makes them a larger economic force than the finance, construction, transportation and public utilities sectors. In 2007, nonprofits had over $67 billion in assets and over $39 billion in income.

The largest number of nonprofits are devoted to human services, with 23.3 percent focused on crime, legal services, food, jobs, agriculture, housing, youth and family services and residential services. Public and societal benefits, such as civil rights, advocacy, science, social science and philanthropy, made up the second-largest focus at 20 percent. Education-related nonprofits made up 18.3 percent; religious-affiliated entities, 17.1 percent. The remaining organizations were split among arts and cultural institutions (8.7 percent), environment and animal protection (2.8 percent) and unclassified (2.1 percent. Compared with the rest of the country, New Jersey ranks 10th in the number of public charities and ninth in the number of foundations. However, its foundations rank fourth in the country in terms of grants paid.