End of the Day Brief Update: Comptroller DiNapoli
Report on the Nonprofit Industry

January 8, 2025

NYS Comptroller Thomas DiNapoli released a report today on the Nonprofit Industry in NYS

Highlights from the Report include:

1) Approximately one in five New York nonprofit jobs was lost during the pandemic — and just 7.4% of those jobs were regained by 2022. The comptroller attributed the lag, in part, to delayed contracts and payments from the state agencies that make use of the organizations’ services.

2) New York ranks among the highest nationally for its number of nonprofit organizations and their employees, but both numbers fell between 2017 and 2022 — during that time, the state lost 173 nonprofits and saw an employment decline of 4.1% in that sector, according to the report. The number of jobs in the nonprofit sector also saw a drop nationwide, and New York has been the slowest state to recover. 

3) Over half of the state’s contracts with nonprofits were executed late in 2023, according to the comptroller’s office, delaying funding for the organizations. In some cases that led to layoffs and closures. The comptroller called on state leaders to ensure agencies process contracts and payments within set timeframes to prevent further stress in the nonprofit sector.

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And an update:  Both the Senate and the Assembly majorities are announcing committee assignments tomorrow, not today as some media outlets reported earlier today.