Economic and Fiscal Impacts of Florida Goodwill Association

FY 2024

/ Categories: Research, Economic Development, Workforce Development, ROI Study

Goodwill’s Economic and Workforce Impact in Florida: FY 2024 quantifies how the Florida Goodwill Association and its nine territories convert donated goods and mission-driven operations into jobs, higher earnings, and stronger local economies across the state. Using FY 2024 operational, employment, and capital spending data and the IMPLAN input-output model, Florida TaxWatch estimates that Goodwill generated $1.52 billion in total economic output, added $893.9 million to Florida’s GDP, and supported 21,471 jobs statewide.

An Independent Assessment of the Economic Impacts of South Florida’s St. Thomas University on Florida’s Economy

/ Categories: Research, Economic Development, Education, ROI Study

St. Thomas University (STU) plays a large role in Florida’s economy, fostering workforce development and economic mobility, particularly for underrepresented communities. This Florida TaxWatch ROI report evaluates STU’s impact, highlighting its contributions to job creation, income growth, and return on investment. With record-breaking enrollment, a diverse student body, and strong financial stability, STU generates over $1.5 billion in economic output and supports more than 8,500 jobs. Every $1 spent on STU results in $21.50 of economic output.

An Independent Assessment of the Economic Impacts of Indian River State College

/ Categories: Research, Economic Development, Education, ROI Study

The Florida TaxWatch report reveals the substantial economic and educational contributions of Indian River State College (IRSC) to Florida's Treasure Coast and the broader state economy. IRSC, recognized for its affordability and high-quality programs, plays a pivotal role in workforce development through its extensive certificate and degree offerings. The report emphasizes the college's efforts in minimizing student debt and enhancing job readiness through strategic partnerships with businesses and local schools. Economically, IRSC creates over 15,000 jobs annually and generates a significant economic output, with every dollar spent translating into a substantial return for the Florida economy. This analysis serves as a crucial resource for understanding the intersection of education and economic growth, and the strategic role of community colleges like IRSC in fostering regional economic development.