Nonprofit fund-raising

From the 2024 DOR Tax Exemption Study

84.36.550 - Nonprofit fund-raising Description Property tax does not apply to real and personal property owned by nonprofit organizations that solicit gifts, donations, or grants if: - The organization is nonsectarian. - A state or national group that authorizes, approves, or sanctions volunteer charitable fund-raising efforts affiliates with the nonprofit organization. - The organization is exempt from federal income tax. - The organization has a volunteer board of directors. The organization uses gifts, donations, and grants for character-building, benevolent, protective, or rehabilitative social services to people of all ages for distribution to at least five other nonprofit organizations or associations that are organized and conducted for the same purposes listed above. Purpose Supporting the fund-raising activities of these nonprofit organizations. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes $0.181 $0.186 $0.190 $0.195 Local Taxes $0.536 $0.566 $0.598 $0.632 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 burd