A story in today's New York Times looks at the issue of whether nonprofit institutions deserve tax-exempt status when they are charging fees and selling products and services.
"In a ruling last December that sent tremors through the not-for-profit world, the Minnesota Supreme Court said a small nonprofit day care agency here had to pay property taxes because, in essence, it gave nothing away," the Times reported.
This also has repercussions for hospitals as far as providing charity care and universities regarding whether they provide enough financial aid.
