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Corporate Social Investing by Curt Weeden

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5Step 3.Which NonprofitsQualify—andWhich Don’t

They come in all different sizes and shapes. Some operate on a shoestring and a prayer. Then there are others like the YMCA of the USA, which rakes in $2 billion a year to conduct its activities. There are quite literally hundreds of thousands of them and they are known as the citizens of the nonprofit world, an aggregation of all kinds of organizations that are becoming more and more of an economic powerhouse in America. Gross revenues of service groups, education institutions, community hospitals and certain other nonprofit operations exceed more than a trillion dollars a year according to some estimates, and that doesn’t include what many churches, synagogues, and other religious agencies are ...

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