Report: Volunteer Time Increasing in Value

A new report finds that the value of volunteering for nonprofits is increasing, reflecting its increasing importance to the sector.

The Value of Volunteer Time Report, released April 21 and produced by Independent Sector in collaboration with the Do Good Institute at the University of Maryland, found that the average value of volunteer work in the United States is $36.14. That’s a 3.9 percent increase over the previous year, outpacing inflation.

The dollar estimate is calculated from Bureau of Labor Statistics (BLS) data, based on average hourly earnings for U.S. production and non-supervisory workers.

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