The Chronicle, 1/28/2005: Congressional Report Says Nonprofit Abuses Cost the Government $6-Billion a Year

The Chronicle, 1/28/2005: Congressional Report Says Nonprofit Abuses Cost the Government $6-Billion a Year: "Congressional Report Says Nonprofit Abuses Cost the Government $6-Billion a Year
By Brad Wolverton

A new report from an influential government committee urges members of Congress to take action on what it identified as dozens of abuses involving nonprofit organizations that it says are costing the federal treasury more than $6-billion a year in lost revenue.

The 435-page report released yesterday by the Joint Committee on Taxation -- which drew criticism from several nonprofit tax experts -- comes in response to a request last February from the Senate Finance Committee to identify areas where revenue is not being received but should be.