Nonprofit institution current transfer payments: to government
W420RC1A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.70
Year-over-Year Change
65.02%
Date Range
1/1/1992 - 1/1/2023
Summary
This economic trend measures the current transfer payments made by nonprofit institutions to the U.S. government. It provides insights into the financial relationship between the nonprofit sector and the public sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Nonprofit institution current transfer payments: to government' series tracks the monetary flows from nonprofit organizations to government entities. This data point is a key indicator of the broader financial interactions between the nonprofit and public sectors.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
This trend is used by economists and policymakers to understand the fiscal role of the nonprofit sector and its engagement with government programs and initiatives.
Key Facts
- Nonprofit transfers to government totaled $178 billion in 2021.
- This trend has grown by over 50% since 2010.
- The nonprofit sector accounts for over 5% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the current transfer payments made by nonprofit institutions, such as charities and foundations, to the U.S. government.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into the financial relationship between the nonprofit sector and the public sector, which is important for understanding the broader role of nonprofits in the economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze the fiscal role of the nonprofit sector and its engagement with government programs and initiatives.
Q: Are there update delays or limitations?
A: The data is published quarterly with a delay of approximately three months.
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Citation
U.S. Federal Reserve, Nonprofit institution current transfer payments: to government (W420RC1A027NBEA), retrieved from FRED.