Charitable Legal Information Nonprofits and Complying with Federal Law Click Here to purchase this manual Nonprofits and Complying with Federal Law analyzes and assesses the legal environment of nonprofit and charitable corporations. Regulations of these institutions is becoming increasingly complex due to a rise in the number of basic compliance obligations.
Nonprofits are increasingly the subject of federal scrutiny and regulations.
To some extent, charitable organizations are sleeping giants which have emerged onto the public agenda. There are many reasons for this increased attention. The nonprofit sector is a major area of the economy representing a significant percentage of the gross national product. Nonprofits also appear to or actually do compete with profit making businesses in areas such as bookstores, gift shops, travel tours, and fitness centers. This competition causes for-profit businesses to complain to the Internal Revenue Service and other government regulators.