Big Growth in Number of NPOs

A recent article in The New York Times, For Nonprofits, a Bigger Share of the Economy, calls attention to the fact that growth in the number of nonprofit businesses (+25%) far surpasses growth in number of for-profit businesses (+0.5%), from 2001 -2011.  The article’s author opines that one of the reasons for this may be due to an aging population and a correlating rise in the demand for health care.

What do you think?  What is spurring the growth?

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