Embedded Files
Our research in this theme addresses the financial dimensions of homeless services, including revenue generation, funding allocation, and economic impacts on service provision.
Click the title of the article to access the full publication.
Summary
Summary
This article examines the revenue and operations of nonprofit homeless shelters in the United States. The study estimates that these shelters generated about $8.5 billion in revenue in 2015. It also highlights that the sector employs around 160,000 people with an average annual compensation of $24,000. To provide universal bed coverage for all unsheltered individuals, an additional $3.3 to $4.5 billion annually would be required, indicating a significant funding gap.
Key Points
Key Points
Revenue Estimation: Nonprofit homeless shelters in the U.S. generated approximately $8.5 billion in revenue in 2015. This highlights the financial scale of these organizations in providing temporary housing.
Employment Figures: The sector employs around 160,000 people, with an average annual compensation of about $24,000. This reflects the significant human resources involved in shelter operations.
Funding Gap: To provide universal bed coverage for all unsheltered individuals, an additional $3.3 to $4.5 billion annually would be needed. This points to a substantial funding shortfall in addressing the full demand for shelter
Reference
Reference
Keywords: Nonprofit shelters, homeless services performance, housing policy, shelter demand, revenue
Page updated
Google Sites
Report abuse