Shore’s First-Ever Nonprofit Impact Report Released
Community leaders from around the Lower Shore last released the findings of the Strengthening Communities Nonprofit Impact Report.
The study, which is the first of its kind for the region, details the economic and social impact of the nonprofit sector in Dorchester, Somerset, Wicomico, and Worcester counties. Many significant findings, such as the annual $695 million regional economic impact created by the Lower Shore nonprofit sector, are highlighted in the report.
“For the very first time Maryland’s Lower Eastern Shore has clear-cut facts about the regional impact created by nonprofits,” says Erica Joseph, Community Foundation President. “It is our hope that this quantitative data can be used for future community and nonprofit growth while demonstrating the important role nonprofits play in our economy and quality of life.”
Key findings of the report include nonprofits on the Lower Eastern Shore have a total economic impact of over $695 million annually; the nonprofit sector supports over 9,200 jobs on the Lower Eastern Shore, contributing over $379 million in 2017 to the region’s economy through wages paid (14% of the region’s total wages); and approximately one in three Lower Shore neighbors are served directly and indirectly by local nonprofits.
Source: The Dispatch