NGOs and Charitable Organizations Global Market Report 2024

The ngos and charitable organizations market size has grown strongly in recent years. It will grow from $313.29 billion in 2023 to $331.66 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The expansion observed during the historical period can be ascribed to robust growth in emerging markets, an upswing in household disposable income, collaborations between corporations and NGOs, and a surge in public donations.

The ngos and charitable organizations market size is expected to see strong growth in the next few years. It will grow to $411.19 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The anticipated growth in the forecast period can be linked to the expanding corporate social responsibility, heightened environmental consciousness, growing internet usage, and economic development. Key trends in this period involve integrating mobile technologies and applications to streamline charitable donation processes, exploring crowdfunding platforms to attract increased investments, contemplating investments in CRM software for enhanced donor communications, considering partnerships with corporations for transformative impacts, investing in predictive and descriptive analytics for actionable insights, utilizing drone technology for secure and efficient wildlife monitoring, and adapting to virtual fundraisers or campaigns.

The prospective growth of the NGOs and charitable organizations market is anticipated to be fueled by an increased emphasis on corporate social responsibility (CSR). Corporate Social Responsibility is a concept wherein companies integrate social and environmental considerations into their business operations and interactions with stakeholders. Companies are giving higher priority to CSR as part of their vision to support social causes. Moreover, millennials show a preference for brands committed to social causes, leading to an uptick in CSR expenditure by companies. According to a June 2023 report from Zipdo, a US-based online directory, companies focusing on environmental, social, and governance (ESG) factors tend to outperform industry peers by 4.8% annually. Notably, 76% of companies report on CSR to mitigate brand reputation risks, and 64% of CEOs consider CSR as a core element of their business strategy. Consequently, the upward trajectory of CSR is expected to positively impact the NGOs and charitable organizations market, fostering growth in the forecast period.

The growth of the non-governmental organizations (NGOs) and charitable organizations market is poised to receive a significant boost from government funding. Government funding involves financial support provided by governments at various levels (federal, state, or local) to individuals, organizations, or projects for diverse purposes. Numerous government authorities are channeling funds to non-governmental organizations to enhance the delivery of efficient services. For instance, according to Donor Tracker, a Germany-based platform offering comprehensive analyses of policies and funding trends, the Australian government allocated an AUD 30 million (US$21 million) increase for NGOs in its 2023-24 budget in July 2023. This funding aims to support the work of NGOs across sectors such as development, social inclusion, gender equality, and climate projects. Hence, government funding for non-governmental organizations plays a pivotal role in driving the growth of the NGOs and charitable organizations market.

Key players in the non-governmental organizations and charitable organizations market are introducing innovative tools such as Payroll Core to provide reliable services for both intergovernmental and non-governmental organizations. Payroll Core, launched by Oracle, a US-based software company in September 2021, offers comprehensive payroll solutions to help organizations efficiently manage their payroll processes. This tool allows organizations to configure payroll to meet both local and international pay rules in a single system, addressing unique business requirements not covered by traditional payroll solutions.


Major companies operating in the ngos and charitable organizations market report are Bill & Melinda Gates Foundation, Direct Relief, Médecins Sans Frontières, AmeriCares, The American Red Cross, The Nature Conservancy, UNICEF USA, OxFam, Feed the Children, The Rotary Foundation, Smile Foundation, Nanhi Kali, GiveIndia Foundation, Goonj, HelpAge India, Sightsavers, Child Rights and You (CRY), Pratham Education Foundation, Sammaan Foundation, Care India, KISS Foundation, Educate Girls, Slum Soccer, Akshaya Patra Foundation, Friends of Nature (FON), Global Village of Beijing (GVB), China Primary Health Care Foundation, Shanghai Charity Foundation, China Youth Development Foundation (CYDF), Amity Foundation, China Children and Teenagers' Foundation (CCTF), Tencent Charity Foundation, The China Women's Development Foundation (CWDF), China Population Welfare Foundation, China Foundation for Poverty Alleviation, Narada Foundation, Tzu Chi Foundation, Association for Aid and Relief, Japan (AAR), ADRA Japan (ADRA), Friends of the Earth Japan, Afghan Mobile Mini Circus for Children, Animals Asia Foundation, Borneo Orangutan Survival Foundation, Amnesty International, Save The Children, Spark, Charities Aid Foundation (CAF), Association for Cultural Technical and Educational Cooperation (ACTEC), Kashubian Folk University, Linking Foundation, AIDPOL Ltd., Perspektivy, United Way, MPC Social Services, Nastenka, Vera Hospice Charity Fund, VAMOS!, Children International, Cure Violence, Partners in Health, Acumen Fund, YMCA, Feeding America, Wikimedia Foundation, The Favela Foundation funds, BrazilFoundation, Hogar Bambi Venezuela, Solaris Perú, Sumando Manos Foundation, Dubai Foundation for Women & Children, Khalifa Bin Zayed Al Nahyan Foundation, The Zayed Bin Sultan Al Nahyan Charitable and Humanitarian Foundation, Sheikh Mohammed bin Rashid Al Maktoum's foundations, Al Maktoum Foundation, Noor Dubai, UAE Water Foundation (Suqia), Human Appeal International, AIDS Foundation of South Africa, CHOSA South Africa, World Vision South Africa, The South African Red Cross Society.

Asia-Pacific was the largest region in the NGOs and charitable organizations market in 2023. North America was the second-largest region in the NGOs and charitable organizations market. The regions covered in the ngos and charitable organizations market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the ngos and charitable organizations market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

An NGOs and charitable organizations market consists of revenues earned by entities that raise funds and provide a range of social welfare services relating to health, education, science, and culture. The NGOs and charitable organizations market includes establishments such as grant-making foundations or charitable trusts. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

Various types of NGOs and charitable organizations exist, encompassing trusts and foundations, voluntary health entities, human rights advocates, environmental, conservation, and wildlife groups, as well as other organizations. Trusts and foundations, which are private business entities, contribute financial support to charitable endeavors, including the arts. Donations can be made through diverse channels, such as online and offline, with organizational activities spanning domestic and international locations.

The NGOs and charitable organizations market research report is one of a series of new reports that provides NGOs and charitable organizations market statistics, including NGOs and charitable organizations industry global market size, regional shares, competitors with NGOs and charitable organizations market share, detailed NGOs and charitable organizations market segments, market trends and opportunities, and any further data you may need to thrive in the NGOs and charitable organizations industry. This NGOs and charitable organizations market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.