The Foraker Group

The Internal Revenue Service said yesterday that 275,000 nonprofits have lost their tax-exempt status because they did not file legally required documents for three consecutive years. That move trims the number of tax-exempt groups by about 14 percent. Of those 275,000, Alaska accounts for 900. Many of the groups that lost their exemptions are nonprofits, and donors to those organizations cannot claim a charitable deduction for gifts to the groups after the IRS makes the list official. Many of the organizations are believed to be defunct, the IRS said, but groups that are still operating may now apply to get their nonprofit status back. View here-