Abstract

The nonprofit sector is an important, though little recognized, sector of the economy, growing faster than either the for-profit or the government sectors. Further, the nonprofit sector is a major economic force internationally (Anonymous 1997). Since 1977, paid employment as a percentage of US employment rose from 5.5 to 9.5 per cent (Independent Sector 2006) and total numbers of organizations grew to 837,027 million with expenditures at almost 9 per cent of US GDP.