this post was submitted on 10 Aug 2023
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Tax-free charitable organizations
In a society with capitalism at its core, externalities exist. That's a fact that everyone agrees with. Nonprofits help mitigate those gaps. Calling all nonprofits scams is misguided at best. I think OP is looking for something more specific. What nonprofits?
Yes, I'm looking for more specific cases.
I was trying to be tongue-in-cheek but specifically the Roman Catholic Church in a historic context.
There are a lot who have an extremely positive impact. It's a small minority that causes a huge number of issues.
I personally help out with a non profit charity and we get a lot done with not a lot financially. The reduced taxes are a huge help.
I would argue it's the other way around frankly
To be fair, there are some good ones out there. I worked for a drug-rehab company in the 90s as the IT head that got mostly government funding for a 6 month-rehab-program for non-violent drug offenders (mostly stuff like heroine, cocaine, etc.). We also had an in-prison program but I donβt think that was as effective. Of course to get government contact money we would have to meet lots of strict guidelines too.
I definitely more wary of ones that donβt get any public funding and therefore have practically no guardrails and less forced transparency.