First Research US Industry Profile

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Social Assistance
SIC Codes: 8322, 8331, 8351
NAICS Codes: 624
Last Quarterly Update: 5/20/2019
Organizations in this industry provide services such as food banks, temporary shelters, emergency relief, rehabilitation, adoption, and child care. Major institutions include Feeding America, Habitat for Humanity, The Salvation Army, and Food for the Poor (all based in the US), along with the International Federation of Red Cross and Red Crescent Societies (Switzerland), Sanctuary Housing (UK), and World Food Programme (Italy).
Many social assistance organizations operate internationally and have affiliates around the world. The internet and social media have enabled groups to reach donors and service providers instantaneously, without respect to geographic borders. That trend is expected to continue.
The US social assistance industry includes about 185,000 establishments (single-location organizations and units of multi-location organizations) with combined annual revenue of about $185 billion.
Child care services, which are included in the industry, are covered in a separate profile.
Competitive Landscape
Demand is driven by the number of people requiring assistance in a number of social, economic, and emergency circumstances. Larger organizations may have more effective marketing campaigns to reach a wider group of people in need. Smaller social assistance organizations may focus more on a local need or more specialized issues. The US industry is highly fragmented: the 50 largest organizations generate about 15% of industry revenue.
Products, Operations & Technology
Individual and family social assistance services, which account for about half of industry revenue, include daily living support for senior and disabled ... plus:
Sales & Marketing
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Finance & Regulation
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Regional & International Issues
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Human Resources
Also includes the following chapters:
Quarterly Industry Update
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Industry Indicators
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Business Challenges
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Trends and Opportunities
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Call Preparation Questions
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Financial Information
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Industry Forecast
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Industry Websites
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Glossary of Acronyms

Historical Profiles (PDF format)

02/18/2019
11/12/2018
08/13/2018
05/14/2018
02/12/2018
11/06/2017
08/07/2017
05/08/2017
02/06/2017
10/31/2016
07/25/2016
04/25/2016
01/25/2016
10/19/2015
07/20/2015
04/20/2015
01/26/2015
10/27/2014
08/04/2014
05/19/2014
02/24/2014
11/18/2013
08/26/2013