PURPOSE
In 2015, community leaders from several organizations saw the need to further demonstrate that nonprofits are significant contributors to Colorado’s economy. Colorado’s nonprofits have a social impact while also being an economic engine for the state.
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To provide a clearer representation of the nonprofit community’s impact, the partnering organization published the Colorado Nonprofit Economic Impact Study.
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The study details the fiscal contributions of nonprofits that strengthen Colorado’s communities and economies. The report is to be shared with nonprofit leaders, local businesses, and elected officials in order to increase awareness and respect for Colorado’s thriving nonprofits that are critical to community decision-making.

RESEARCH & DATA
Research and data conducted by Economic & Planning Systems and Corona Insights. 

Data presented and reported in the study are from 2017. Data sources include the Internal Revenue Service Exempt Organizations Business Master File Extract, Colorado Department of Labor & Employment Quarterly Census of Employment & Wages, U.S. Bureau of Labor Statistics QCEW, U.S. Bureau of Economic Analysis Gross Domestic Product, BEA Regional Input-Output Modeling System, and primary survey data of Colorado nonprofits (survey sample of 334). 

SPONSORS
Thank you to our generous sponsors who helped make this report possible:
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Bank of the West
BKD CPAs & Advisors LLP
Boettcher Foundation
The Denver Foundation
El Pomar Foundation
Employers Council