Value of volunteer hour in USA goes up

Howard Lake | 25 April 2005 | News

Washington D.C.-based Independent Sector reports that the value of a volunteer hour in the USA has risen from $17.19 per hour in 2003 to $17.55 in 2004.

The estimate is reached using US Bureau of Labor statistics.

If accurate, it means that in 2004 volunteers contributed the equivalent of abuot $272 billion of service to nonprofit organisations.

The value of the volunteer hour has risen for the past 25 years, with the value increasing by nearly $5 over the past 10 years.

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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale. He is the founder of Fundraising Camp and co-founder of GoodJobs.