Nonprofit youth organizations

From the 2024 DOR Tax Exemption Study

84.36.030(3) - Nonprofit youth organizations Description Property owned by nonprofit, character-building organizations serving boys and girls under the age of 18 is exempt from property tax. The exemption extends to organizations with existing charters that serve youth up to the age of 21. Purpose Supporting the social benefits these organizations provide. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes $0.772 $0.791 $0.810 $0.830 Local Taxes $2.284 $2.412 $2.547 $2.690 Repeal of Repealing a property tax exemption would not increase state revenues. A repeal exemption shifts the state property tax to the currently exempt taxpayers and reduces the tax burden of other taxpayers. It may decrease the local rate and possibly result in local taxing districts at their statutory maximum rate experiencing a revenue increase. Potential ($ in millions): revenue gains FY 2024 FY 2025 FY 2026 FY 2027 from full repeal State Taxes $0.000 $0.000 $0.000 $0.000 Local Taxes $0.000 $0.071 $0.139 $0.146 Assumptions - The total estimated exempt value is $355 million. - This repeal takes effect beginning with property taxes due for calendar year 2025. - Growth rate mirrors th