Tax-Exempt Organizations
Author | : Michael Brostek |
Publisher | : DIANE Publishing |
Total Pages | : 86 |
Release | : 2002-02 |
ISBN-10 | : 0756731704 |
ISBN-13 | : 9780756731700 |
Rating | : 4/5 (04 Downloads) |
Book excerpt: Millions of donors annually give hundreds of billions of dollars to charities. While this giving helps meet charitable purposes, congressional & media concerns have arisen about whether some charities spend too much on fundraising & general management & not enough on program services to meet the charitable purposes related to the tax-exempt status. Such concerns have heightened since the outflow of charitable giving after 9/11. This report focuses on the adequacy of: (1) publicly reported Form 990 data on charity spending in facilitating public oversight of charities, (2) IRS's oversight of charities, & (3) IRS's data sharing with state agencies that oversee charities. Includes reviews of studies on charities from 1994-1999. Charts & tables.