Executive Briefings | May 29, 2011
Charity Care Vs. Community Benefit
We see the terms "community benefit" and "charity care" more and more. Why? Because understanding both is important to answering challenges to tax-exempt status from both the federal Internal Revenue Service (IRS) and state and local governments (see The Taxman Cometh: How To Demonstrate Your Charity Care & Protect Your Tax-Exemptions ).
What do these terms mean? "Community benefit" is generally understood as activities that promote healthy activities as a response to community needs instead of for-profit, while "charity care" is health . . .