Ocean City area nonprofits
There are 891 organizations in the greater Ocean City metro area. Combined, these Ocean City metro nonprofits employ 3,454 people, earn more than $250 million in revenue each year, and have assets of $457 million.
Job trends for Ocean City nonprofits
| Employees per organization | Number of organizations |
|---|---|
| 0 | 141 |
| 1-10 | 29 |
| 11-25 | 12 |
| 26-100 | 22 |
| 101 to 1,000 | 5 |
| 1,000+ | 1 |
Key takeaways for employment stats:
- Employment in Ocean City is driven by large organizations like Cape Regional Medical Center, The Arc of Cape May County, Yacht Club of Stone Harbor, Mid-Atlantic Center for the Arts, and Jersey Cape Diagnostic Training and Opportunity Center.
- The largest employers tend to be general hospitals, social and country clubs, developmentally disabled centers, swimming clubs, and arts and culture promoters.
Sizes of nonprofits in Ocean City
| Revenues per organization | Number of organizations |
|---|---|
| < $250k | 231 |
| $250k to $1M | 67 |
| $1M to $5M | 20 |
| $5M to $25M | 1 |
| $25M to $100M | 0 |
| $100M+ | 1 |
Key takeaways for revenue stats:
- Large organizations like Cape Regional Medical Center, The Arc of Cape May County, Jersey Cape Diagnostic Training and Opportunity Center, Mid-Atlantic Center for the Arts, and Avalon Yacht Club earn the majority of revenues among nonprofits in Ocean City.
- Organizations with less than $1 million in revenue account for 19.1% of combined nonprofit revenues, whereas organizations in Ocean City with more than $100 million account for 59.2% of nonprofit earnings.
- The highest earning organizations tend to be general hospitals, developmentally disabled centers, social and country clubs, arts and culture promoters, and volunteer fire departments.
Types of nonprofits in Ocean City
| Nonprofit type | Number | Revenues |
|---|---|---|
120 | $11,668,246 | |
109 | $3,674,207 | |
77 | $19,020,595 | |
73 | $4,228,267 | |
67 | $2,642,668 | |
61 | $1,815,946 | |
48 | $5,684,935 | |
45 | $5,169,004 | |
34 | $5,096,210 | |
33 |