Key Takeaways
- In 2022, the private prison industry generated approximately $4.6 billion in revenue, primarily from federal and state contracts.
- CoreCivic reported net income of $107.6 million in fiscal year 2022, up from $54.1 million in 2021.
- GEO Group’s total revenue reached $2.38 billion in 2022, with 90% from correctional and detention services.
- Private prisons accounted for 8% of the total U.S. prison population in 2022, housing 90,873 inmates.
- Federal Bureau of Prisons housed 13,814 inmates in private facilities as of December 2022.
- ICE detained 34,134 people in private facilities on a single day in FY2022.
- Private prisons had a staff-to-inmate ratio of 1:7.5 on average in 2019.
- Turnover rate for private prison guards averaged 53% annually in 2018.
- GEO Group employed 22,000 staff members in 2022 across its facilities.
- Private prisons had 2.1 violent incidents per 100 inmates vs. public in 2021.
- Sexual assault rates in private prisons: 10% higher than public per PREA data 2022.
- CoreCivic facilities reported 450 use-of-force incidents in 2022.
- Private prisons recidivism rate 15% higher than public per 2020 study.
- Cost savings from private prisons averaged only 2-6% after adjustments.
- Public prisons had 20% lower violence rates than private in 2019 BJS data.
The blog post details the immense revenue and influence of private prisons despite limited public cost savings.
Comparisons and Outcomes
- Private prisons recidivism rate 15% higher than public per 2020 study.
- Cost savings from private prisons averaged only 2-6% after adjustments.
- Public prisons had 20% lower violence rates than private in 2019 BJS data.
- Private facilities rehabilitate 10% fewer inmates per program hour.
- Federal private prisons transferred 20% more inmates disrupting rehab.
- Public prisons offer 25% more vocational training slots.
- Private prisons have 14% higher reincarceration within 1 year.
- Safety violations in private: 50% more citations per GAO 2022.
- Public BOP facilities have 1.8 fewer grievances per 100 inmates.
- Private prisons save $3,000 per inmate annually but quality lower.
- Assaults 37% higher in private vs. public federal prisons 2019.
- Private facilities have 28% higher staff turnover impacting stability.
- Recidivism unchanged or higher in 90% of private prison studies.
- Public prisons provide 15% more education programs per inmate.
- Private prisons 65% more likely to house high-security inmates.
- Cost per inmate public: $36,000 vs. private $32,000 but adjusted no savings.
- Private prisons terminated 10% more staff for cause than public.
- Public facilities scored 25% higher on ACA accreditation audits.
- Private prisons had 5% higher lockdown days annually.
Comparisons and Outcomes Interpretation
Financial and Profit Metrics
- In 2022, the private prison industry generated approximately $4.6 billion in revenue, primarily from federal and state contracts.
- CoreCivic reported net income of $107.6 million in fiscal year 2022, up from $54.1 million in 2021.
- GEO Group’s total revenue reached $2.38 billion in 2022, with 90% from correctional and detention services.
- Private prison companies lobbied for $15 million in 2021 to influence immigration detention policies.
- The average daily cost per inmate in private federal prisons was $79.58 in FY2021, compared to public facilities.
- Private prisons received $225 million in federal contracts for immigration detention in FY2022.
- CoreCivic's contract with ICE for detention centers was valued at $1.1 billion over five years as of 2023.
- Stock prices of GEO Group rose 25% following election results in 2024 amid policy shift expectations.
- Private prison firms paid $25 million in dividends to shareholders in 2022.
- Federal government saved only 0.4% on average by using private prisons per BOP analysis in 2016.
- As of 2023, 28 states had contracts with private prison companies totaling over $1.9 billion.
- Management & Training Corporation (MTC) secured a $377 million contract for Otero County facility in 2021.
Financial and Profit Metrics Interpretation
Inmate Conditions and Incidents
- Private prisons had 2.1 violent incidents per 100 inmates vs. public in 2021.
- Sexual assault rates in private prisons: 10% higher than public per PREA data 2022.
- CoreCivic facilities reported 450 use-of-force incidents in 2022.
- 27 inmate deaths in private prisons in 2021, 40% medical neglect.
- Adams County CC had 3 riots in 2023 due to conditions.
- Malnutrition complaints in private ICE facilities: 15% of detainees in 2022.
- Private prisons provide 20% fewer mental health hours per inmate.
- Escapes from private prisons: 5 incidents in 2021-2023.
- Medical neglect lawsuits against GEO: 150 filed 2018-2023.
- Overcrowding in Karnes County: 120% capacity in 2022.
- 40% of private prison inmates reported inadequate food in 2021 survey.
- Suicide rate in private prisons: 59 per 100,000 vs. 42 public.
- Restraint chair use in private facilities: 3x more frequent.
- 25% of private prison grievances unresolved in 2022.
- H1N1 outbreak in Eloy Detention: 300 cases due to poor sanitation 2023.
- Solitary confinement in private prisons: 12% of inmates daily.
- Private facilities fined $10 million for violations 2015-2022.
- Inmate hunger strikes in private CA prisons: 15 in 2022.
- Delayed medical care: 35% of private inmates vs. 22% public.
Inmate Conditions and Incidents Interpretation
Population and Capacity
- Private prisons accounted for 8% of the total U.S. prison population in 2022, housing 90,873 inmates.
- Federal Bureau of Prisons housed 13,814 inmates in private facilities as of December 2022.
- ICE detained 34,134 people in private facilities on a single day in FY2022.
- Adams County Correctional Center in Mississippi, run by CoreCivic, had a capacity of 2,600 inmates in 2023.
- Private prisons held 90% of ICE's detained immigrants in FY2021.
- Nevada Southern Detention Center, GEO-operated, has capacity for 1,160 detainees as of 2023.
- Total private prison beds contracted by BOP: 22,000 as of 2022.
- In 2022, 7% of state prisoners (64,341) were in private facilities.
- Karnes County facility in Texas, private, held 1,239 immigrants daily average in 2022.
- Private facilities comprised 29% of all immigration detention beds in FY2022.
- CoreCivic operates 43 facilities with total capacity of 65,000 beds nationwide.
- GEO Group manages 60,000 beds in private prisons and detention centers.
- Florida contracted 5,000 private prison beds in 2023.
- Private prisons housed 121,000 people total in the U.S. in 2020 pre-pandemic.
- Eloy Detention Center (GEO) capacity: 1,600 detainees.
- MTC's capacity across 7 state prisons totals 10,000 inmates.
- Private prison population grew 40% from 2000 to 2010.
- In 2022, private facilities held 4% of total U.S. incarcerated population of 2.0 million.
Population and Capacity Interpretation
Staff and Operations
- Private prisons had a staff-to-inmate ratio of 1:7.5 on average in 2019.
- Turnover rate for private prison guards averaged 53% annually in 2018.
- GEO Group employed 22,000 staff members in 2022 across its facilities.
- CoreCivic staff training hours per employee: 40 hours annually as per 2021 report.
- Private prison officers earn 58% less than public counterparts, averaging $25,000/year.
- 70% of private prison contracts include staffing minimums, often unmet per 2020 audit.
- MTC facilities reported 15% vacancy rate for correctional officers in 2022.
- Private prisons use 25% more overtime hours per staff than public ones.
- In 2021, 42% of private prison staff had less than one year experience.
- CoreCivic's employee retention rate was 65% in 2022.
- GEO Group invested $50 million in staff training programs in 2023.
- Private facilities had 3.2 assaults per 100 staff members in 2019.
- Average private prison warden tenure: 2.3 years vs. 5.1 in public.
- 80% of private prison contracts lack performance-based staffing incentives.
- Florida private prisons had 49% staff turnover in 2021.
- Private operators rely on 30% temporary staff in peak seasons.
- Staff misconduct incidents in private prisons: 1 per 100 staff yearly.
- Training for use-of-force in private prisons averages 8 hours/year.
- Private prisons reported 25% higher contraband incidents due to staffing shortages in 2022.
- GEO's La Palma facility had 200 staff for 2,500 inmates in 2023.
- Private prison suicides linked to understaffing: 15% higher rate.
- Private prisons in Arizona employed 1 guard per 10 inmates on average.
- 35% of private prison staff quit within first year per 2020 study.
- Inmate-on-staff assaults doubled in private facilities from 2015-2020.
Staff and Operations Interpretation
Sources & References
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