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2024 U.S. Industry Statistics & Market Forecast - Other Individual and Family Services


Market Size & Industry Statistics

The total U.S. industry market size for Other Individual and Family Services: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2019        2020        2021        2022        2023
Market Size
(Total Sales/Revenue)


Order at top of page
Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.





Forecast / Industry Outlook 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

Major trends affect the Other Individual and Family Services industry include:
  1. Increased demand for mental health services
  2. Aging population and need for senior services
  3. Growing awareness of diversity and inclusion
  4. Rise in telehealth and remote services
  5. Impact of economic fluctuations on funding
  6. Increased regulatory and compliance requirements
  7. Shift towards preventive and wellness programs
  8. Integration of technology and data analytics
  9. Emphasis on personalized and tailored services
  10. Expansion of services to underserved populations
  11. Collaboration between public, private, and nonprofit sectors
  12. Growth in volunteerism and community involvement
  13. Impact of social media on outreach and engagement


Product & Services Breakdown

Research products and services in the Other Individual and Family Services industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Child Day Care Services

Social Assistance Services For Immigrants And Refugees

Food, Clothing, And Related Assistance Services (Include Social Assistance Related To Donated Household Goods And Food Such As S

Shelter And Related Assistance Services (Include Homeless Shelters.)

Pre-Primary Grade Instructional Programs (Include Preschool Programs Combined With Child Day Care.)

Outpatient Rehabilitation Services For Substance Abuse

Adoption Services

Foster Care And Guardianship Arrangement Services

Counseling And Information Services For Children, Youth, And Families

Counseling And Information Services For Children, Youth, And Families - Self-Help Group Services

Counseling And Information Services For Children, Youth, And Families - Information And Referral Services

Counseling And Information Services For Children, Youth, And Families - Hotline/Crisis Intervention Services (Include Youth Tele

Other Counseling And Information Services For Children, Youth, And Families

Other Social Assistance Services For Children, Youth, And Families

Children And Youth Recreational Programs

Social Assistance Services For Elderly And Disabled Adults

Non-Medical Home Aide Services For Elderly And Disabled Adults - Homemaker Services (Include Prepared Meals And Delivered Meals.

Non-Medical Home Aide Services For Elderly And Disabled Adults - Personal Care Services

Counseling And Information Services For Elderly And Disabled Adults

Other Social Assistance Services For Elderly And Disabled Adults

Counseling And Information Services, Excluding Children, Youth, Families, And Elderly And Disabled Adults

Counseling And Information Services, Excluding Children, Youth, Families, And Elderly And Disabled Adults - Self-Help Group Serv

Counseling And Information Services, Excluding Children, Youth, Families, And Elderly And Disabled Adults - Information And Refe

Counseling And Information Services, Excluding Children, Youth, Families, And Elderly And Disabled Adults - Other Counseling And

Social Assistance Services For The General Population, Excluding Children, Youth, Families, And Elderly And Disabled Adults - Vo

Other Social Assistance Services, Excluding Children, Youth, Families, And Elderly And Disabled Adults

Emergency Relief Services

Membership Services

All Other Receipts

All Other Operating Receipts

Contributions, Gifts, And Grants - Government

Contributions, Gifts, And Grants - Private

Investment Income, Including Interest And Dividends

All Other Revenue



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry Average Percent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Other Individual and Family Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Other Individual and Family Services industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Other Individual and Family Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 4%

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Chief Executives0%
General and Operations Managers1%
Community and Social Service Occupations 13%
Counselors, Social Workers, and Other Community and Social Service Specialists 13%
Miscellaneous Community and Social Service Specialists 5%
Healthcare Support Occupations 66%
Home Health and Personal Care Aides; and Nursing Assistants, Orderlies, and Psychiatric Aides 65%
Home Health and Personal Care Aides 64%
Office and Administrative Support Occupations 5%
Source: Bureau of Labor Statistics


Other Individual and Family Services Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Other Individual and Family Services industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Other Individual and Family Services industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Innovators:
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators:
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Other Individual and Family Services industry.
Source:
IncFact


Recent Federal Contracts for Other Individual and Family Services

  • Apr 01, 2024: BLENDED SPIRITS RANCH (Fairview, PA) awarded $29,120
  • Apr 01, 2024: RAPE, ABUSE AND INCEST NATIONAL NETWORK (RAINN) (Washington, DC) awarded $90,726
  • Apr 01, 2024: LIFECARE, INC. (Shelton, CT) awarded $3,702,642
  • Mar 29, 2024: EAP CONSULTANTS LLC (Marietta, GA) awarded $2,501,216
  • Mar 29, 2024: ARMED FORCES SERVICES CORPORATION (Arlington, VA) awarded $758,214,990
  • Mar 29, 2024: FAMILY ENDEAVORS, INC. (San Antonio, TX) awarded $1,807,666




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