Wednesday, August 18, 2004

The just-released Statistics of Income Bulletin (Spring 2004) includes Unrelated Business Income Tax Returns, 2000, with a Decade in Review, 1991-2000, by Margaret Riley (SOI). Here is the abstract:

Nonprofit organizations filed an estimated 38,567 Forms 990-T, Exempt Organization Business Income Tax Returns, for Tax Year 2000. Overall, organizations reporting unrelated business income (UBI) filed 8.5 percent fewer returns for 2000, the second consecutive tax year that the number of filings fell. Returns with gross UBI of $10,000 or less, the threshold for being exempted from filing return schedules and reporting detailed information on deductions, decreased by 15.3 percent; those with higher amounts of gross UBI decreased by 3.6 percent.

For related tables of data, see here.