4 Ways to Measure Volunteer Program Return on Investment (ROI)
Summary
Leveraging volunteerism can, and probably is, helping your nonprofit fill critical roles and take steps towards obtaining its mission. For example, by increasing its volunteer staff by 25% a foodbank was able to provide 2000 additional meals, per month, within the community. Leveraging this data can help your nonprofit better understand how your volunteer program impacts other areas of the organization and drives value. Volunteers can help take the pressure off of your staff and provide invaluable skill-sets that push your organization forward. There are many ways to determine program ROI including calculating volunteer value, determining how volunteerism impacts mission attainment, understanding how volunteerism saves your staff time, and measuring the conversion rate from volunteers to donors.