Global NGOs and Charitable Organizations Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030
Global NGOs and Charitable Organizations Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030
A non-governmental organization (NGO) is a group that is independent of any government control and is usually not-for-profit. NGOs usually tend to address public, social, or political issues, such as activities involving humanitarian causes, protecting the environment, health conditions, education, and infrastructure, advocating for minority rights, supporting the poor, and reducing crime. The charitable organization is a non-profit organization with charitable-based goals aimed at improving some aspect of life in the community as a whole. Examples include educational organizations, churches, hospitals dedicated to medical research, etc. The main difference between charitable organizations and other non-profit organizations is that they are tax-exempt and receive tax-deductible donations. So for a charity to qualify as a charity, there are very specific or strict guidelines that need to be met. NGOs and charitable organizations play an important role in international development, aid, and philanthropy.
Market Overview:
The latest research study on the global NGOs and Charitable Organizations market finds that the global NGOs and Charitable Organizations market reached a value of USD 390666.87 million in 2023. It’s expected that the market will achieve USD 643272.97 million by 2029, exhibiting a CAGR of 8.67% during the forecast period.
During COVID-19, many NGOs and charities have implemented restrictive containment measures, including social distancing, remote working, and closure of business activities, resulting in operational challenges. The pandemic has created obstacles to job continuity, as well as social and financial rivalries. The health crisis requires physical distancing, which requires the reduction or cancellation of traditional fundraising events such as galas, dinners, auctions, running events, golf tournaments, and donor recognition parties. With most NGOs and charities relying on program income and service fees, countless organizations were forced to close due to the pandemic and were unable to generate sufficient income. Most countries have gradually lifted some coronavirus-related rules as the outbreak slowed, including lifting restrictions, ending the use of protective masks outdoors, and allowing events such as evening parties and concerts. These organizations are gradually restructuring their operations and recovering from the impact of COVID-19.
Meanwhile, NGOs have been playing a vital role in the fight against the coronavirus and its impact on society's most vulnerable. Since 2020, governments around the world have taken action to deal with the new crown pneumonia epidemic. Nonprofits across the country quickly provided resources and partnered with governments and officials working to respond to the crisis. For example, charitable food aid providers have helped food banks secure resources to meet local needs, including building stocks, replenishing emergency food boxes, and shifting operations to mobile distribution to support social distancing. Plan International works in over 75 countries in the world to advance children’s rights and equality for girls. In response to COVID-19, Plan International is focused on communicating public health information, installing handwashing facilities, and distributing hygiene kits. Congress provides federal funding for state, territorial, local, and tribal governments to cover necessary expenses due to COVID-19. State governments have responded by partnering with nonprofits, adjusting government grants and contracts, providing unemployment insurance, and distributing funds. This provides some technical and training, manpower, and financial support for NGOs and charities, which is conducive to their participation in decision-making and the improvement of social culture.
Advantages and functions of NGOs and charities
NGOs and charities have an important and far-reaching impact on promoting social progress. Activities of NGOs include but are not limited to environmental, social, advocacy, and human rights work. They can work to promote large-scale or localized social or political change. NGOs play a key role in developing societies, improving communities, and promoting civic engagement. NGOs develop and operate community groups to improve and maintain infrastructure; act as liaisons between government and the public to facilitate communication; provide training and practical assistance to better address projects and Community concerns; contribute to research and evaluation of projects undertaken, and serve as a spokesperson for marginalized or otherwise underrepresented groups. Approximately 1.5 million NGOs operate in the United States. These NGOs conduct a wide range of activities, including political advocacy on issues such as foreign policy, elections, the environment, health care, women's rights, economic development, and many other issues. NGOs exist for almost every cause imaginable. Their sources of funding include donations from private individuals (U.S. or foreign), private sector for-profit corporations, philanthropic foundations, or federal, state, or local government grants.
The development of charitable organizations can not only promote innovation, but also reduce poverty, improve income distribution, and promote social equity, forming a virtuous circle of two-way interaction between the investment market and public welfare projects, and creating positive effects. First of all, some charitable funds have played a positive role in reducing poverty and alleviating social conflicts by investing in enterprises that focus on social welfare, such as education, medical care, poverty alleviation, and environmental protection. Through foreign investment, these charitable organizations invest funds in areas that are most needed by society and that are difficult for the government and traditional investment institutions to promote social harmony and progress. Second, public welfare and charity can increase the actual expenditure of the rich and optimize income distribution. Wealthy people can reasonably avoid taxes through diversified means, and after taking into account public welfare and charity, the actual expenditure contribution of the highest income group has increased significantly. Moreover, charitable funds can promote employment. American philanthropic foundations create a large number of jobs. Some charities work to help ex-offenders gain access to fair employment opportunities (such as Ban the Box), supporting them with essential employment resources, family skills, housing assistance, and more. In addition, the external investment of charitable funds can realize the maintenance and appreciation of its funds, inject vitality into the investment market, establish a good public image, and stimulate more people to participate in public welfare activities and charitable causes, thus forming a two-way relationship between the investment market and public welfare projects, and a virtuous circle of interaction. Governments around the world recognize the critical role NGOs and charities play in addressing social problems. As such, they implemented supportive policies, tax incentives, and financing opportunities to encourage the growth of these organizations. Overall, as NGOs and charities have become more popular and important in the public sector, their role in society and their global and local impact have gradually increased. This has promoted the progress of the NGOs and charities industry.
Region Overview:
In 2022, the share of the NGOs and Charitable Organizations market in United States stood at 46.69%.
Company Overview:
The major players operating in the NGOs and Charitable Organizations market include Mayo Clinic, UNICEF USA, Feeding America, The American Red Cross, Médecins Sans Frontières, etc. Among which, Mayo Clinic ranked top in terms of sales and revenue in 2023.
Mayo Clinic is the largest integrated, not-for-profit medical group practice in the world. Mayo Clinic is a nonprofit organization committed to clinical practice, education, and research, providing whole-person care to everyone who needs healing. It provides comprehensive medical facilities and programs related to the patient care services, clinical services, research and medical education. Mayo offers specialized medical care with medical departments and centers in most of the key disease categories and health disorders. The company conducts active human research studies and new human research studies approved by institutional review at its facilities. The organization also operates several colleges of medicine which offer various residency and fellowship programs.
UNICEF works in the world’s toughest places to reach the most disadvantaged children and adolescents – and to protect the rights of every child, everywhere. Across more than 190 countries and territories, we do whatever it takes to help children survive, thrive and fulfill their potential, from early childhood through adolescence.
The world’s largest provider of vaccines, we support child health and nutrition, safe water and sanitation, quality education and skill building, HIV prevention and treatment for mothers and babies, and the protection of children and adolescents from violence and exploitation. Before, during and after humanitarian emergencies, UNICEF is on the ground, bringing lifesaving help and hope to children and families. Non-political and impartial, we are never neutral when it comes to defending children’s rights and safeguarding their lives and futures.
Segmentation Overview:
By type, Trust And Foundations segment accounted for the largest share of market in 2022.
Application Overview:
By application, the Domestic segment occupied the biggest share from 2018 to 2022.
Key Companies in the global NGOs and Charitable Organizations market covered in Chapter 3:
MAP International Save the Children Bill & Melinda Gates Foundation World Wide Fund for Nature Friends of Nature (FON) Sammaan Foundation UNICEF USA Educate Girls Feeding America China Charity Foundation Smile Foundation Shanghai Charity Foundation Good 360 Brot für die Welt Abode Services The Nature Conservancy American Cancer Society Akshaya Patra Foundation Natural Resources Defense Council Direct Relief Pratham Education Foundation HelpAge India China Youth Development Foundation (CYDF) World Vision International Step Up for Students The American Red Cross The Rotary Foundation Nanhi Kali Médecins Sans Frontières KISS Foundation Amnesty International Mayo Clinic GiveIndia Foundation Care India Oxfam International Sightsavers Goonj
In Chapter 4 and Chapter 14.2, on the basis of types, the NGOs and Charitable Organizations market from 2019 to 2030 is primarily split into:
Trust And Foundations Voluntary Health Organizations Human Rights Organizations Environment, Conservation And Wildlife Organizations Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the NGOs and Charitable Organizations market from 2019 to 2030 covers:
Domestic International
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada) Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden) Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia) Latin America (Brazil, Mexico, Argentina) Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
Chapter 1 Market Definition and Statistical Scope
Chapter 2 Research Findings and Conclusion
Chapter 3 Key Companies’ Profile
Chapter 4 Global NGOs and Charitable Organizations Market Segmented by Type
Chapter 5 Global NGOs and Charitable Organizations Market Segmented by Downstream Industry
Chapter 6 NGOs and Charitable Organizations Industry Chain Analysis
Chapter 7 The Development and Dynamics of NGOs and Charitable Organizations Market
Chapter 8 Global NGOs and Charitable Organizations Market Segmented by Geography
Chapter 9 North America
Chapter 10 Europe
Chapter 11 Asia Pacific
Chapter 12 Latin America
Chapter 13 Middle East & Africa
Chapter 14 Global NGOs and Charitable Organizations Market Forecast by Geography, Type, and Downstream Industry 2024-2030