Oregon House Bill 2060 To Disallow Tax Deductions For Charitable Donations To Organizations With Low Program Spending

June 10, 2013
Oregon House Bill 2060 allows the Attorney General to disqualify charitable organizations from receiving contributions that are deductible from Oregon income tax or corporate excise tax if the organization has failed to expend at least 30% of its total annual expenses on program services, when expenses are averaged over the three most recent fiscal years. The bill is designed to prevent donors from unknowingly contributing to charities that spend more than 65% of their expenses on fundraising and management, since organizations who are disqualified are required to notify any potential donors of disqualification.
Download the Report
. . .