This report provides the most contemporary overview of the value of volunteering in Victoria. The report shows the astounding economic value of volunteering, which is estimated to represent $60 billion of value to the state.
The report finds that 2.3 million Victorians (42.1%) volunteer. Victorians donated at least 507.7 million hours to the community in 2019.
The report also uncovers the hidden costs of volunteering. The research found that in addition to their valuable time, Victorians on average pay $1,700 after reimbursements to volunteer. Victorian volunteers also donate more money to the organisations they volunteer for than non-volunteers.
This report makes a significant contribution to the research around volunteering. It will benefit leaders of volunteers, volunteer-involving organisations and governments looking to make wise investments.