Tuesday, March 21, 2006

ICMA-RC/Story-About 200,000 Nonprofit Organizations in the US Have Significant Economic Activity,

ICMA-RC/Story: "About 200,000 Nonprofit Organizations in the US Have Significant Economic Activity, with Combined Annual Revenue of $600 Billion

Business Wire - Tuesday, March 21, 2006

DUBLIN, Ireland, Mar 21, 2006 (BUSINESS WIRE) -- Research and Markets (http://www.researchandmarkets.com/reports/c34601) has announced the addition of Nonprofit Institutions - Industry Profile to their offering.

About 200,000 nonprofit organizations in the US have significant economic activity, with combined annual revenue of $600 billion. Although technically distinct, the terms 'nonprofit' 'tax-exempt' and 'charitable'; are often used interchangeably. Nonprofits are sometimes referred to as '501(c)' entities, after the section of the Internal Revenue Code that defines their tax status. The IRS recognizes over 740,000 charities, with about 30,000 new ones each year."

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