Industry Data & Market Research

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

Market Size & Industry Statistics

The total U.S. industry market size for Social Assistance: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Social Assistance market size 2023
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2017        2018        2019        2020        2021        2022
Market Size
(Total Sales/Revenue)

Order at top of page
Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year / six-year demand forecast projects both short-term and long-term trends.

Forecast / Industry Outlook 2023 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

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 DescriptionNumber 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.

U.S. map by state

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 AveragePercent 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
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
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

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Social Assistance company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Social Assistance industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Social Assistance measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

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.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 5%

Order at top of page
Chief Executives0%
General and Operations Managers1%
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
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
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
2918 Minnesota Ave Se
Washington, DC
Jun 30, 2023$108,168

Related Reports

Can't find what you're looking for? We have over a thousand market research reports. Ask us and an analyst will help you find what you need.

Industries Related to Social Assistance