But Covid-induced backlog persists
The IRS is still working through a hefty backlog of tax filings delayed after the COVID-19 pandemic, but recently released more than 1 million returns from tax-exempt organizations.
The IRS’s recent tax changes impact personal flights on aircraft owned by churches and ministries, including those of televangelists
The U.S. Internal Revenue Service (IRS) recently issued an updated bulletin governing “fringe benefits” under the income tax code, which values non-commercial flights on employer-owned aircraft.
What does the Internal Revenue Service’s 2022 Data Book say about tax-exempt religious organizations? Let’s unpack.
The 2022 IRS Data Book contains several interesting facts about religious, charitable, and similar organizations—the largest subcategory of tax-exempt nonprofits.
Does the potential conflict of interest make it unwise or unhealthy to run a ministry like a family business? On the other hand, a family member’s insider experience might prove invaluable.
Distributions Outpacing Contributions
Foundations and donor-advised funds (DAFs) are witnessing a natural self-correction from the last few years of elevated stock market gains and unprecedented donations.
The Duke Endowment, a North Carolina-based private foundation with $5.9 billion in assets that often awards grants to rural United Methodist churches, remains tight-lipped on its stance regarding the denomination’s ongoing schism.
A new child safety accreditation program will launch in January for Christian ministries serving children, created and managed by the Evangelical Council for Abuse Prevention (ECAP).
How much does it cost to send a missionary overseas? How much revenue do mission-oriented nonprofits raise to this end? These are the questions MinistryWatch sought to answer when we asked more than 60 of ...
One of the many factors distinguishing much missions-related work from the average job – even the average ministry job -- is the expectation of fundraising your own salary. The support-raising model raises questions about reciprocity ...
News headlines are routinely flooded with stories of child abuse in churches and ministries, as MinistryWatch covers on a regular basis. A year ago, we reported on a new accreditation program offering safety standards to ...
