The Global NGOs And Charitable Organizations Market Was Valued At $747.3 Billion In 2017 According To TBRC’s Latest Report

NGOs and charitable organizations are mainly not-for profit organizations involved in supporting a wide range of health, educational, scientific, cultural and other social welfare activities. They include grant-making foundations, voluntary health organizations, other grant making organizations, human rights organizations, environment, conservation and wildlife organizations, and other social advocacy organizations.

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One of the reasons why the NGOs and charitable organizations market was valued at $747.3 billion in 2017 and is continuously growing, is the increase in disposable income, increasing international inbound and outbound tourism and aging demography.

The NGOs and charitable organizations market is split into six segments: trust and foundations, voluntary health organizations, human rights organizations, environment, conservation and wildlife organizations and others.

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The USA was the largest country in the market, accounting for more than half of the global NGOs and charitable organizations market share.
Wikimedia was the largest company in this market followed by BRAC and Acumen Fund. Wikimedia is a non-profit organization headquartered in San Francisco.

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