Tag: Norway

Statistics Norway recently released an updated report on its satellite account on nonprofit institutions (NPIs), resulting from their continued implementation of the UN Handbook on Nonprofit Institutions in the System of National Accounts. For the first time, this report includes data on funding, finding that in 2012, NPIs in Norway received a total of NOK 90.5 billion (USD$1.2 billion) in funding to carry out their work. Of this, almost 40 billion came from public sources, which represents about 43 percent of organizations’ overall operating income. Roughly 39 percent of overall nonprofit income was derived from households, while the remainder (approximately 18 percent) was funded by the corporate sector. This income includes both payments for goods and services and philanthropic contributions, but does not include funds contributed for investment purposes.   The report shows, however, that distribution of funding sources varied significantly by field. Organizations working within health, social services, and education and research received most of their funding from public sector contributions, while organizations in other fields – such as culture and recreation organizations – relied more heavily on funding from households and corporations.   Employment In total, NPIs employed 83,000 full-time equivalent (FTE) paid workers – an increase...