After-School Program Providers
The After-School Program Providers industry organizes youth programs that take place outside the traditional school day. Most industry programs are nonprofit operations that depend on government grants, donations and tuition fees for funding. Over the past five years, the industry has struggled to expand as a stubbornly high unemployment rate early in the period led to only a marginal increase in per capita disposable income. Moreover, reduced government funding and the 2013 government sequester significantly constrained industry growth over the past five years. As a result, industry revenue is expected to decrease over the five years to 2017. Despite these harsh conditions, both the percentage and the total number of children in the United States who are participating in an after-school program have been on the rise over the period. Over the five years to 2022, the industry's performance will remain underwhelming. While declining unemployment levels and increases in per capita disposable income will encourage financially stable, working populations to boost expenditure on childcare expenditure, fiscal limits will constrain performance.
This industry organizes youth programs that take place outside of the traditional school day. After-school programs can occur at various times of the day and in a variety of places, including the school building, community centers, libraries or parks. Activities include everything from sports and study groups to performing and creative arts. As many industry operators are nonprofit organizations, they are exempt from federal income tax.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook