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Charitable Deductions Rise

By Anonymous
Publication: Nonprofit World
Date: Sep/Oct 2006 2006

IRS statistics ("Statistics of Income Bulletin," www.irs.gov) reveal that deductions claimed for charitable contributions rose from $140.6 billion in 2002 to 8145.7 billion in 2003, a 3.6% climb. The increase marks the second straight year that charitable deductions rose, after falling from 2000 to

2001.

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