24 Social Enterprises Generating $14.92 Million in Revenues
& Creating over 1500 Jobs
ASI CCC and Buy Social Canada is pleased to share with you some very impressive income and employment statistics on social enterprises located in the Vancouver inner city.
Social enterprises play a significant role in the economic and social well being of DTES and surrounding communities. There are over 40 non-profit market-based social enterprises focused on employment, arts, and Community Economic Development in this geographic area. Beyond that, there are many other non-profits that provide social, health, housing and related services on a performance based contract basis for the government and other funders.
The information was gathered through an on-line survey of targeted social enterprises in summer 2016 and is presented in aggregate only. The survey respondents are predominantly, but not exclusively, serving the Downtown Eastside community residents.
Social Enterprises focused on Employment, Arts and CED
Sample size: 24 Social Enterprises
Full time workers: 92
Part time workers: 1,470
Total workers: 1,562
Gross annual revenue: $14.92 million
Total annual sales: $12.14 million
Total annual expenses: $14.32 million
A subset of the total survey group are Social Enterprises that are focused on Employment and / or Training:
Sample size: 11 Social Enterprises
Full time workers: 40
Part time workers: 1,277
Total workers: 1,317
Gross annual revenue: $8.32 million
Total annual sales: $7.76 million
Total annual expenses: $8.12 million
This information is merely a surface view, more research and deeper analysis is definitely needed to assess the economic ripple effect and the social impact of social enterprise in the DTES.