August 9, 2007
Hospitals Challenge Charity-Care Conclusions
An Internal Revenue Service survey has found that more than half of nonprofit hospitals are spending less than 4 percent of their annual revenues on charity care.
The IRS survey, which will be used to help gauge whether nonprofit hospitals are meeting current requirements for tax-exempt status, also found that 22 percent of the institutions spend less than 1 percent of their revenue on such care.
"We need to change 'business as usual' at many of our nation's nonprofit
This content is only for subscribers. You can gain access by purchasing a:
Print Subscription
Digital Subscription
Already have an account? Log In Now.
Get more great stories about the nonprofit world delivered to your inbox every weekday. 
