The Value of Nonprofits

Today, with over a trillion dollars a year in revenues, hundreds of thousands of nonprofit organizations of all sorts and sizes qualify under federal, state and local laws for multiple tax benefits.

Federal, state and local policymakers in both parties are asking tough but timely questions about the nonprofit sector: How much does it lighten local property tax coffers and reduce federal tax revenues? What is the total tab for all the tax-funded subsidies? And what does the wider public actually get in return for all the tax breaks and government funding?