IRS Releases New Data on Non-Profit Finances
May 18, 2000
The I.R.S. has issued a report tracing the growth of non-profit groups from 1995 to 1996.
The number of charities that filed informational tax returns with the government rose from 180,931 in 1995 to 192,059 in 1996, an increase of 6.2 percent. Total revenue reported by charities was $704-billion, an increase of 6.2 percent from the previous year, the data show, while total assets climbed to $1.3-trillion, a jump of 13.2 percent.
The data appeared in the I.R.S.’s Winter 1999-2000 Statistics of Income Bulletin. For a copy, send $19 to the Superintendent of Documents, U.S. Government Printing Office, P.O. Box 371954, Pittsburgh 15250-7954.