Hearing on Public Charity Organization Issues, Unrelated Business Income Tax, and the Revised Form 990

Testimony

Hearing on Public Charity Organization Issues, Unrelated Business Income Tax, and the Revised Form 990

Testimony Before the Subcommittee on Oversight of the Committee on Ways and Means United States House of Representatives

Abstract

Staff from the Urban Institute, GuideStar and the Foundation Center submitted joint comments to the Subcommittee on Oversight of the Committee on Ways and Means, United States House of Representatives for its hearing on "Public Charity Organization Issues, Unrelated Business Income Tax, and the Revised Form 990" July 25, 2012. The authors make recommendations for achieving greater transparency, accountability and effectiveness in the nonprofit sector by requiring electronic filing of IRS Forms 990 to improve the quality of data on nonprofits and the speed with which those data become available.

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