New research quantifies high economic impact of Georgia's growing nonprofit sector

ATLANTAJune 15, 2012 /PRNewswire-USNewswire/ -- The Georgia Center for Nonprofits' latest research report, The Economic Impact of Georgia's Nonprofit Sectorquantifies our sector's powerful and growing contribution to the state economy. With a total value of $96 billion in assets and $43 billion in expenditures each year—nearly 11% of our state's gross state product—Georgia nonprofits are a powerful driver, and contributor to, the state economy. At $10 billion, the nonprofit payroll is bigger than the state's construction, real estate or information technology sectors.