April 9, 2009
Tax-Exempt Organizations Registered With the IRS
The number of charities and private foundations registered with the Internal Revenue Service has increased by more than 5 percent in each of the past two years, according to figures released by the tax agency, and reached a total of nearly 1.2 million last year.
The IRS reported that the number of groups classified under Section 501(c)(3) of the Internal Revenue Code rose from 2007 to 2008 by 58,548, or 5.2 percent — one of the highest percentage increases in recent years.
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