2 years ago

Why are donations an unreliable source of income for charities/ non-profit organizations?

1 answer:

5 0

answer: Tax-exempt nonprofits often make money as a result of their activities and use it to cover expenses. In fact, this income can be essential to an organization's survival. As long as a nonprofit's activities are associated with the nonprofit's purpose, any profit made from them isn't taxable as "income."

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Why are donations an unreliable source of income for charities/ non-profit organizations?​

Why are donations an unreliable source of income for charities/ non-profit organizations?