Mike Siers, Director of the Regional Economic Studies Institute at Towson University recently presented the economic impact study results entitled Impact and Reach of Helping Up Mission (HUM) to our board Program Commitee. The study is based on graduates of HUM and their impact on the Maryland economy and was graciously funded by BTU Partnerships for Greater Baltimore.
When a participant graduates from the Helping Up Mission with employment, they contribute substantially to Maryland’s economy. Their employment supports jobs, economic output, and employee compensation, in addition to contributing to state and local taxes. Regardless of employment status, Maryland saves money that might otherwise be spent on incarceration, hospitalization, or homelessness. These savings are seen both while a participant is enrolled in the program, as well as for years after a participant has graduated.
To view the full presentation click here
To read the full report pdf click here