Volunteering has a positive impact on the U.S. economy as a whole and small business recovery. See the rewards that you can receive from volunteering according to statistics gathered by SCORE.
Volunteers make a big impact.
- 1/4 or 77.4 million Americans, volunteer
- Volunteerism has an estimated economic value of $167 billion
In 2020 alone, SCORE volunteers
- Donated nearly four million hours of service
- Helped start 45,027 new businesses
- Supported the creation of 119,562 jobs
- Mentored 143,651 small business clients, resulting in many reporting higher revenues and increased business growth
Volunteerism benefits volunteers individually
- Those who volunteer regularly have a 27% better chance of gaining employment
- 60% of hiring managers see volunteering as a valuable asset
- 92% of human resource executives agree that contributing to a nonprofit can improve an employee’s leadership skills
Volunteers can be any age with many in the workforce
- Americans volunteer across all age groups and stages of employment, with just over half (51%) employed full time
- 38% of SCORE volunteers are from minority or underserved business communities, serving a diverse range of clients (60% women, 46% minorities. 9% veterans)
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Funded, in part, through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.