October 18, 2001

What's Exempt From the Federal Tax on Charities' Unrelated Business Income

DONATED GOODS AND SERVICES

  • Income from activities in which at least 85 percent of the work involved in generating the revenue is conducted by volunteers.
  • Income from the sale of merchandise at least 85 percent of which was donated to the nonprofit group. Example: revenue from Salvation Army or Goodwill thrift stores.

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