Industry Analysis & Industry Trends
Revenue for the Civic, Social and Youth Organizations industry is expected to contract marginally over the next five years. Rising private donations and membership fees, the result of increased disposable income among consumers, will keep revenue from declining at a faster rate. Although, membership is expected to fall overall, participation by certain demographics, such as college students and baby boomers, will grow, leading to more members, contributors and volunteers. Still, competition from other leisure activities, such as using social media or attending sporting events, will diminish interest in civic engagement... purchase to read more
Industry Report - Starting a New Business Chapter
The Civic, Social and Youth Organizations industry has low barriers to entry. Due to a low market share concentration and a large number of organizations that are engaged in promoting similar civic and social interests of their members, the industry remains highly fragmented.
One of the primary barriers to entry into the industry is the access to funding. Organizations that are not able to access public- or private-sector donations or contributions must be funded through membership dues. There may also be costs related to public liability insurance for groups that undertake certain activities... purchase to read more