IRS exempt organizations reach nearly 2.1 million
The number of organizations formally recognized by the Internal Revenue Service as exempt from federal income tax has reached nearly 2.1 million, the IRS has recently announced in its 2025 Data Book. More than 1.9 million of these are exempt under the 29 subsections of section 501(c) of the Tax Code, with 1.6 million of these exempt as 501(c)(3) charities. Approximately 120,000 of the charities are private foundations. The 1.9 million number does not include an estimated 320,000 churches which are not requi
The full text of this article is available to paid subscribers only. Login or subscribe to read more