Breaking news! Charity status now contingent on actually providing charity!

[docorion]

The Wall Street Journal reports today on a hospital group in Illinois (a Catholic hospital group, for extra irony points) which has had their charitable status pulled because they did not provide enough charity care

Comments

[fenicedautun]

From a tax perspective, be very careful of the difference between non-profit and not-for-profit; these are very different legal entities from a tax/government perspective. (Otherwise I agree with you, just wanted to note that you are using the two more or less interchangeably in this post.)

[docorion]

Fair enough; all hospitals which I am aware of are chartered as "non-profit" under the tax code, meaning they are tax-exempt. Which, as I think about it, may be a better way to write about them.