Adoption agencies and providers of child welfare services faced a rocky road during the recession, as private donations dwindled and federal funding remained stagnant. However, improvement is on the horizon. The industry's own revenue streams will improve, as their endowment funding recovers. While government spending on social services will likely lessen, corporate donations will blossom again.
This industry includes nonresidential social assistance services for children and young adults. Private sector and nonprofit establishments in this industry offer services in the areas of adoption, foster care placement, drug prevention, guidance and self-help, life skills training and positive social development. This industry excludes orphanages and group homes, day care services, youth recreational sports centers, sports teams and leagues and scouting organizations.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.