- If 50% of elderly adults who receive in-home care from Jewish Social Services Agency (JSSA) inMaryland were instead placed in nursing homes, the total annual cost would be 15 times higher – or $96 million a year – than the $6 million it costs for JSSA to provide services and keep those 1,000 elders in their homes.
- When the transitional housing program at Friends of Guest House helps a woman released fromprison re-enter society successfully, it costs the community 65% less than if she went back toprison for one year.
- By providing housing for people with mental illness who might otherwise be in hospitals, Cornerstone in DC helps people retain their dignity while saving up to $100,000 per person each year.
Tuesday, November 27, 2007
Measuring Charity's Impact
An amazing study was just released by the Nonprofit Roundtable of Greater Washington and the World Bank. "Beyond Charity: Recognizing Return on Investment" measures the economic impacts of nonprofits on the Washington region. According to the study, nonprofits contribute at least $9.6 billion to the local economy, in terms of goods & services and cost savings. The study gives some great, specific examples, such as:
Posted by Lauren at 11:52 AM