Insights
The Philanthropy Miami Blog
The Power of Nonprofits in Miami-Dade: A Vital Economic Force
In Miami-Dade County, nonprofits do more than offer services; they drive the local economy, support the workforce, and foster community well-being. A new report titled “Strength in Numbers: The Economic Impact of the Nonprofit Sector in Miami-Dade County” highlights the scope of nonprofit contributions, revealing their importance not only to social services but also to economic vitality.
Key Takeaways from the Report
1. Massive Economic Contributions
Nonprofits are a critical economic engine, contributing $20.5 billion in annual revenue and holding $37.5 billion in assets. With 2,541 active nonprofits, the county ranks first in Florida for both nonprofit organizations and employees. These groups range from healthcare and education providers to arts institutions and community service organizations.
2. Employment and Wages
The sector directly employs 76,862 people, making up 5.5% of Miami-Dade’s total workforce—a higher share than the manufacturing industry. Despite the workforce size, nonprofits pay an average wage of $31.93 per hour, which falls short of the county’s living wage of $39.58 per hour, emphasizing the need for wage advocacy within the sector.
3. Community Impact
Beyond economics, nonprofits tackle significant social issues. They provide healthcare, education, arts programs, and disaster relief while also addressing poverty through housing initiatives and food security programs. The report also highlights the role of nonprofits in supporting the community during crises, such as hurricanes.
4. Addressing Poverty and ALICE Households
Despite the positive impacts, 50.7% of households in Miami-Dade fall below the ALICE (Asset Limited, Income Constrained, Employed) threshold, meaning they struggle to meet basic living expenses. This figure exceeds both state (45%) and national (41%) averages, highlighting the ongoing need for nonprofit efforts.
5. Advocacy and Growth Opportunities
The report encourages nonprofits to use data from the study to advocate for increased funding, shape public opinion, and inform policy decisions. Through collaboration and storytelling, nonprofits can strengthen their influence and attract more resources.
What’s Next for Nonprofits in Miami-Dade?
This report serves as a call to action for nonprofits to leverage their economic impact strategically. By aligning their advocacy with public policy and engaging donors and stakeholders, they can ensure sustainable growth while continuing to meet the community’s evolving needs.
Conclusion
The “Strength in Numbers” report underscores the undeniable importance of nonprofits in Miami-Dade’s economy and social fabric. As they generate jobs, foster community well-being, and address systemic challenges, these organizations play an outsized role in building a vibrant and inclusive society. With continued investment and support, the nonprofit sector can thrive, ultimately creating a stronger future for all residents.
For more information, access the full report here:
This is where you belong
Maintaining a robust - and fun - community of people committed to Miami's social sector takes investment. We invite you to participate.
This is where you belong
Maintaining a robust - and fun - community of people committed to Miami's social sector takes investment. We invite you to participate.