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Social Assistance (NAICS 624) Industry Market Research Report

Social Assistance - Market Size and Forecast

The Social Assistance report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurements include both public and private companies in the industry.

HistoricalForecasted
20152016201720182019202020212022202320242025
Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Social Assistance Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Social Assistance - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Social Assistance companies in the United States.

Social Assistance Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesSocial Assistance
Small Business (< 5 Employees)

Included

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Social Assistance - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Social Assistance - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Social Assistance - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

Included

Social assistance services for children, youth, & families
Contributions, gifts, & grants - government
Contributions, gifts, & grants - private
Social assistance services for the elderly & disabled
Pre-primary grade instructional programs
Social assistance services for adults
All other revenue
Other social assistance services for the general population
Social assistance related to shelter for the general population

Social Assistance - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations5%

Included

Chief Executives0%
General and Operations Managers1%
Other Management Occupations6%
Business and Financial Operations Occupations8%
Business Operations Specialists6%
Community and Social Service Occupations14%
Counselors, Social Workers, and Other Community and Social Service Specialists14%
Counselors15%
Rehabilitation Counselors10%
Social Workers5%
Child, Family, and School Social Workers5%
Miscellaneous Community and Social Service Specialists6%
Social and Human Service Assistants13%
Education, Training, and Library Occupations14%
Preschool, Primary, Secondary, and Special Education School Teachers9%
Preschool and Kindergarten Teachers8%
Preschool Teachers, Except Special Education8%
Other Education, Training, and Library Occupations15%
Teacher Assistants14%
Teacher Assistants14%
Healthcare Support Occupations6%
Nursing, Psychiatric, and Home Health Aides6%
Nursing, Psychiatric, and Home Health Aides6%
Home Health Aides7%
Building and Grounds Cleaning and Maintenance Occupations8%
Building Cleaning and Pest Control Workers7%
Janitors and Cleaners, Except Maids and Housekeeping Cleaners6%
Personal Care and Service Occupations44%
Other Personal Care and Service Workers42%
Childcare Workers8%
Childcare Workers8%
Personal Care Aides32%
Personal Care Aides32%
Residential Advisors5%
Residential Advisors5%
Office and Administrative Support Occupations7%
Production Occupations6%
Transportation and Material Moving Occupations6%
Material Moving Workers5%

Government Contracts

In 2008, the federal government spent a total of $940,036,292 on the social assistance industry. It has awarded 4,573 contracts to 1,758 companies, with an average value of $534,719 per company.

Social Assistance and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

Included





Social Assistance Industry Report
GeographyUnited States  
Publication DateSeptember 2020
Report FormatPDF Download  
Price$499.00

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