Volunteer Hours Value Calculator

Work out volunteer hours value instantly with clear inputs, formula shown and shareable results.

About Volunteer Hours Value Calculator

Total hours are hours each times the number of volunteers, valued at the published rate, and the full time equivalent divides by 1,820 working hours a year. Stating volunteer effort as an FTE figure is what makes it comparable with paid staffing in a grant application or annual report.

Formulas

Contribution value

value = hours each x volunteers x value per hour

FTE equivalent

FTE = total hours / 1820

Worked example

With the default values below, Volunteer Hours Value Calculator returns Value of the volunteer contribution of $32,150.40. Change any input above and every figure here is recalculated in your browser.

Inputs used

Volunteer hours contributedminimum 0.1 h: 120 h
Value per volunteer hourminimum 0.01: 33.49
Number of volunteersminimum 1: 8

Results

Value of the volunteer contribution: $32,150.40
Total volunteer hours: 960.0 h
Value per month: $2,679.20
Full time equivalent staff: 0.527

Step by step

1Values used
2Contribution value
3FTE equivalent
4Value of the volunteer contribution= 32,150.40
5Total volunteer hours= 960.0 h
6Value per month= 2,679.20
7Full time equivalent staff= 0.527

Assumptions and limits

The result is derived only from the 3 inputs listed above. Anything not among them is not part of the calculation.
In particular, this calculator does not take inflation, tax, fees or charges or compounding frequency into account.
Figures are rounded for display to 3 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Frequently Asked Questions

How is the Volunteer Hours Value figure worked out?

value = hours each x volunteers x value per hour. Total hours are hours each times the number of volunteers, valued at the published rate, and the full time equivalent divides by 1,820 working hours a year.

Why does this matter?

Stating volunteer effort as an FTE figure is what makes it comparable with paid staffing in a grant application or annual report.

What do I need to enter?

Enter volunteer hours contributed, value per volunteer hour, number of volunteers. The defaults shown are a realistic worked example — swap in your own figures to get a result you can use.