Palm Bay area nonprofits
There are 3,240 organizations in the greater Palm Bay metro area, including the cities of Palm Bay, Melbourne, and Titusville. Combined, these Palm Bay metro nonprofits employ 26,496 people, earn more than $4 billion in revenue each year, and have assets of $18 billion.
Job trends for Palm Bay nonprofits
| Employees per organization | Number of organizations |
|---|---|
| 0 | 349 |
| 1-10 | 120 |
| 11-25 | 53 |
| 26-100 | 46 |
| 101 to 1,000 | 23 |
| 1,000+ | 4 |
Key takeaways for employment stats:
- Employment in Palm Bay is driven by large organizations like Health First, Florida Institute of Technology (FIT), Space Coast Credit Union, Brevard Achievement Center, and Circles of Care.
- The largest employers tend to be outpatient clinics, colleges, credit unions, vocational rehabilitation programs, and charter schools.
Sizes of nonprofits in Palm Bay
| Revenues per organization | Number of organizations |
|---|---|
| < $250k | 604 |
| $250k to $1M | 163 |
| $1M to $5M | 95 |
| $5M to $25M | 32 |
| $25M to $100M | 13 |
| $100M+ | 7 |
Key takeaways for revenue stats:
- Large organizations like Health First Health Plans, Space Coast Credit Union, Health First, Holmes Regional Medical Center, and Florida Institute of Technology (FIT) earn the majority of revenues among nonprofits in Palm Bay.
- Organizations with less than $1 million in revenue account for 3.6% of combined nonprofit revenues, whereas organizations in Palm Bay with more than $100 million account for 58.9% of nonprofit earnings.
- The highest earning organizations tend to be health finance organizations, credit unions, general hospitals, outpatient clinics, and colleges.
Types of nonprofits in Palm Bay
| Nonprofit type | Number | Revenues |
|---|---|---|
694 | $65,435,750 | |
384 | $417,310,799 | |
269 | $65,045,240 | |
267 | $88,475,381 | |
232 | $63,554,630 |