Table 2

Industry Composition & Nonprofit Earnings Differences

Average Quarterly Earnings ($)
OverallFor-ProfitsNonprofitsNonprofit DifferentialShare Nonprofit
Industry(1)(2)(3)(4)(5)
All industries11,39411,47610,6330.070.10
Health and human services
Outpatient healthcare (621)13,10313,44911,7390.130.20
Doctor’s offices (621,111)16,25616,08617,618-0.100.11
Hospitals (622)11,35211,20611,413-0.020.71
Nursing facilities (623)7,8247,7407,900-0.020.53
Social services (624)7,3216,9697,505-0.080.66
Childcare (62,441)5,8735,4386,652-0.220.36
Education (611)10,52210,38010,646-0.030.53
Finance and management
Law offices (54,111)16,17316,2359,7810.400.01
Banking & credit (522)13,22513,4438,7510.350.05
Investments (523)25,46024,56740,427-0.650.06
Insurance (524)12,93612,93811,0580.150.00
Administration (561)9,9959,99310,853-0.090.00
Utilities (221)18,54518,83711,1640.410.04
Classic charities
Religious organizations (8,131)8,5417,9398,659-0.090.84
Grant-making foundations (8,132)10,19411,08410,1570.080.96
Social advocacy (8,133)8,6059,6878,4030.130.84
Civic organizations (8,134)9,2209,7668,9980.080.71
  • Notes: Summary statistics are calculated using the sample which includes all workers for the years 2003–2012. No sample restrictions are imposed. “Share nonprofit” indicates the share of industry workers which are employed by a nonprofit firm.