Non-Profits Beware of Hard-Up Governments
An article released today by NPR reports on efforts by state and local governments to generate revenue from tax-exempt groups. From proposing service fees to challenging some organization's tax exempt status, municipalitiesare targeting private schools, hospitals, charities, churches and other non-profits as they seek to close budget gaps. University towns and state capitols are particularly vulnerable to this type of proposal because so much of their property is already off the tax rolls.
With workloads up and contributions down, these kinds of proposals couldn't come at a worse time for most non-profits. Of course, you already know that. We'll keep this issue on the radar screen.
Click to read or listen to the story from NPR: Amid Red Ink, Tax-Exempts Asked To Add To Coffers