Report: $15 wage floor for nonprofits will cost $250-$300 million yearly

To fund a $15-an-hour wage floor for nonprofit human services workers in New York, the government will have to increase annual spending on contracts by 20 percent, or an additional $250 to $300 million, according to estimates released today in a joint report by the Federation of Protestant Welfare Agencies, Fiscal Policy Institute and the Human Services Council…