Independent Sector Releases New Value of Volunteer Time of $33.49 Per Hour
Washington, April 23, 2024 (GLOBE NEWSWIRE) -- Independent Sector , with the Do Good Institute , announced today that the value of a volunteer hour is $33.49 — a 5.3 percent increase from the previous year.
- Washington, April 23, 2024 (GLOBE NEWSWIRE) -- Independent Sector , with the Do Good Institute , announced today that the value of a volunteer hour is $33.49 — a 5.3 percent increase from the previous year.
- Charitable organizations most frequently use the value of volunteer time to recognize the amount of community support an organization receives from its volunteers.
- Corporations also use the figure to calculate the value of staff volunteer efforts in communities around the country.
- The state and national estimates of the value of volunteer time are based on the method used by Independent Sector in prior years.