2023 U.S. Industry Statistics & Market Forecast - Social Assistance

Published: October 2023

Industry Insights

The Social Assistance industry is a critical component of the broader healthcare sector, encompassing a range of services that aim to support vulnerable groups in society. The industry faces several significant trends, including demographic shifts, funding challenges, evolving policy frameworks, and an increased focus on technology-driven solutions.

One of the key demographic shifts affecting the Social Assistance industry is the aging population, which is driving increased demand for long-term care services. In response, providers are investing in new care models to improve efficiency and quality of care while controlling costs.

At the same time, funding challenges are putting pressure on the industry to find innovative ways to deliver services. Public funding for Social Assistance programs is often limited, and providers must navigate complex funding structures to ensure they can deliver the care their patients need.

Meanwhile, changes to policy frameworks and regulations are also affecting the industry, from the transition to fee-for-service payment models to the shift toward value-based care. Providers must adapt to these changes to ensure they stay compliant and can deliver effective care.

Finally, technology-driven solutions are playing an increasingly important role in the Social Assistance industry. From telemedicine to electronic health records, providers are leveraging technology to improve patient outcomes and streamline operations.

Overall, the Social Assistance industry is facing a range of complex and interrelated trends. Providers must stay up-to-date with these trends and continue to innovate to meet evolving patient needs and deliver high-quality care.

Product & Services Breakdown

Research products and services in the Social Assistance industry generating sales. Note that products are broken into categories with different levels of classification.

Product Description	Number of Companies	Sales ($ millions)	Percent of Total Sales
Industry Total
Child Day Care Services
Social Assistance Services For Immigrants And Refugees
Food, Clothing, And Related Assistance Services (Include Social Assistance Related To Donated Household Goods And Food Such As S
Shelter And Related Assistance Services (Include Homeless Shelters.)
Training Services Related To Social Assistance
Pre-Primary Grade Instructional Programs (Include Preschool Programs Combined With Child Day Care.)
Outpatient Rehabilitation Services For Substance Abuse
Social Assistance Services For Children, Youth, And Families
Adoption Services
Foster Care And Guardianship Arrangement Services
Counseling And Information Services For Children, Youth, And Families
Other Social Assistance Services For Children, Youth, And Families
Children And Youth Recreational Programs
Social Assistance Services For Elderly And Disabled Adults
Social Assistance Services For The General Population, Excluding Children, Youth, Families, And Elderly And Disabled Adults
Counseling And Information Services, Excluding Children, Youth, Families, And Elderly And Disabled Adults
Social Assistance Services For The General Population, Excluding Children, Youth, Families, And Elderly And Disabled Adults - Vo
Other Social Assistance Services, Excluding Children, Youth, Families, And Elderly And Disabled Adults
Emergency Relief Services
Membership Services
Resale Of Merchandise
All Other Receipts
Contributions, Gifts, And Grants - Government
Contributions, Gifts, And Grants - Private
Investment Income, Including Interest And Dividends
Gains (Losses) From Assets Sold (Report Losses By Including A Dash Prior To The Dollar Amount.)
All Other Revenue

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

	Industry Average	Percent of Sales (Industry Benchmark)
Total Revenue	Order at top of page
Operating Revenue
Cost of Goods Sold
Gross Profit
Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit Net Income

Source: AnythingResearch Analysis of U.S. federal statistics

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	5%	Order at top of page
Chief Executives	0%
General and Operations Managers	1%
Other Management Occupations	7%
Education and Childcare Administrators	6%
Education and Childcare Administrators, Preschool and Daycare	6%
Social and Community Service Managers	5%
Social and Community Service Managers	5%
Business and Financial Operations Occupations	8%
Business Operations Specialists	7%
Community and Social Service Occupations	12%
Counselors, Social Workers, and Other Community and Social Service Specialists	12%
Counselors	14%
Rehabilitation Counselors	10%
Social Workers	8%
Miscellaneous Community and Social Service Specialists	5%
Social and Human Service Assistants	15%
Educational Instruction and Library Occupations	12%
Preschool, Elementary, Middle, Secondary, and Special Education Teachers	8%
Preschool and Kindergarten Teachers	7%
Preschool Teachers, Except Special Education	7%
Other Educational Instruction and Library Occupations	14%
Teaching Assistants	14%
Teaching Assistants, Except Postsecondary	14%
Healthcare Support Occupations	46%
Home Health and Personal Care Aides; and Nursing Assistants, Orderlies, and Psychiatric Aides	46%
Home Health and Personal Care Aides	45%
Building and Grounds Cleaning and Maintenance Occupations	10%
Building Cleaning and Pest Control Workers	8%
Building Cleaning Workers	8%
Janitors and Cleaners, Except Maids and Housekeeping Cleaners	8%
Personal Care and Service Occupations	9%
Other Personal Care and Service Workers	8%
Childcare Workers	6%
Childcare Workers	6%
Residential Advisors	5%
Residential Advisors	5%
Office and Administrative Support Occupations	5%
Production Occupations	7%
Transportation and Material Moving Occupations	7%
Material Moving Workers	6%
Laborers and Material Movers	6%

Source: Bureau of Labor Statistics

Social Assistance Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Social Assistance industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Social Assistance industry and adjacent sectors:

Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry	Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.	Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Social Assistance industry.

Government Contracts

In 2022, the federal government spent a total of $7,727,316,733 on Social Assistance. It has awarded 1866 contracts to 853 companies, with an average value of $9,058,988 per company.   

Most Recent Contracts	Date	Total Award Amount
CREATIVE PATHWAYS, INC. 2918 Minnesota Ave Se Washington, DC	Jun 30, 2023	$108,168