III. New York City Nonprofits Are a Major Economic Force





The total expenditures of the 9,078 organiza-tions reached more than $43 billion in 2000, the equivalent of 11.5% of the Gross City Product.

The annual payroll of the 9,078 New York City nonprofit organizations is more than $22.7 bil-lion, including $1.4 billion in payroll taxes.