Why do charitable nonprofit, service-providing organizations save? What are the tradeoffs between using income to build up cash reserves and serving more clients? Saving may generate income, protect the organization against a drop in donations, and increase the organization's chances of...

Do racial disparities in the paid labor market also extend to the unpaid labor market? Using American Time Use Survey (ATUS) data, we find that Black people spend 13% less time at work than white people, and 17% less time in volunteering. Using an Oaxaca-Blinder decomposition, we show that...