What Does A Nonprofit Do That's Facing Being Taxed?
Seeking Grant Money Today
AUGUST 1, 2010
As nonprofits by definition do not make any profit whatsoever, most states and municipalities (like the federal government) have not taxed nonprofits operating in their jurisdiction because these organizations provide services, products, and other benefits in the public's interest (arguably adding to any state or town's infrastructure, economy, and quality of life) at no profit. legal one. These are difficult times verging on a recession.