In 2008, more than 315,000 nonprofit charity organizations reported $1.4 billion in revenue and $2.5 trillion in assets. By 2011, there were 1.6 million nonprofit organizations registered with the IRS. Without any public input, political discussion, or due process, the Internal Revenue Service—sometimes in a seemingly arbitrary fashion—grants some organizations a preferential status in which … Continue reading 10 Of The Richest Tax-Exempt Organizations