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KBLX 102.9 FM Nonprofit Weekend Tip! Nonprofit Taxable Income

Can Nonprofits Have Taxable Income?

Yes, If the income generated by your Nonprofit meets these 3 requirements it is considered Unrelated Business Income and Therefore Taxable:


  1. The income is from a Trade or Business that is outside of your Nonprofit business
  2. The income is not just a onetime source but there is frequency and continuity
  3. The income is not substantially related to furthering your Nonprofit


There are always EXCEPTIONS

Some exceptions for income that is not taxable are:

  • Income from dividends
  • Interest earned income
  • some investment income
  • royalties, certain rental income, certain income from research activities
  • gains or losses form sale of property
  • volunteer labor
  • school cafeterias and similar relationships
  • selling donated merchandise.....
  • Bingo (and it is not considered gambling)


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60 second and 60 minute Education & Compliance Tidbits and Trainings to review at your leisure .... Updated Monthly





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