Volunteer News: Value of volunteer time increased in the US: Research

Volunteer News: Value of volunteer time increased in the US: Research: "Value of volunteer time increased in the US: Research

Washington, D.C., 29 Mar 2005--Independent Sector, a coalition of non-profit organizations, announced that the 2004 estimate for the value of a volunteer hour has increased to US$17.55 per hour from US$17.19 in 2003.
In the United States, the Independent Sector estimates that in 2004 the total value of hours volunteered was approximately US$272 billion of contributed service, assuming the total number of volunteer hours held constant since 2000. This is a tool that can be used to help organizations quantify the enormous value volunteers provide. "