To remain operational despite less government funding and stagnant participation in industry programs, most operations are increasingly relying on volunteer labor and community support, which is benefiting the industry as its core demographic expands. During the next five years, rising government funding and a declining US unemployment rate will lead to more children enrolling in after-school programs, benefiting providers, especially those that charge membership fees.
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.
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.