Oregon to crack down on charities

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Thursday, May 23, 2013

Oregon lawmakers want to crack down on charities that use too little of the money they raise to actually help people.

The Oregon Senate Wednesday passed a bill that allows the Oregon Attorney General to yank the tax exempt status from any non-profit that spends more than 70 percent of its income on administrative costs such as fundraising.

Oregon Republican Senator Larry George says this is not like the federal controversy over the IRS targeting conservative groups. He says this measure would not single out any organization for its political leanings. "This is an objective standard. So the Attorney General must apply an objective standard that is drawn from the organization's own IRS forms."

Read more at OPB.

{biztweet}oregon charity{/biztweet}

 

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