Page 18 - People Inc. Annual Report 2018
P. 18

ECONOMIC IMPACT Total Economic Impact in Virginia, Fiscal Year 2018
$1
SPENDING
$1.34
ECONOMIC IMPACT
For every $1 dollar
People Incorporated spends in Virginia, it generates $1.34 dollars in economic impact.
DirectEffect ................................ People Incorporated’s direct spending/output into Virginia’s economy
$ 10,198,377 1,786,907 1,747,544
CLIENT PROFILE & DEMOGRAPHICS
IndirectEffect ............................... Money that has shifted from People Incorporated into other sectors of the economy
InducedEffect .............................. Household spending that has been produced through People Incorporated’s activities
People Incorporated’s
TotalEconomicImpactonVirginia............... $ 13,832,828
TOTAL PERSONS 7,720 TOTAL HOUSEHOLDS 4,478
FAMILY STRUCTURE
Multi-generational household 8%
Non-related adults with children 1%
Two-parent 21%
Single parent/male 3%
Other 10%
Single person 30%
GENDER
AGE
55% Female 45% Male
29% under 18
71% 18 and over
Poverty Level
100%
Two adults/
no children 13%
Single parent/female 20%
Household income, % of Human
HOUSEHOLD INCOME
Health Services (HHS) Poverty Level
50%
150%
200% 250%
31%
25%
19%
9%
6%
10%
Percent of People Incorporated clients, by % of HHS poverty level
18
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