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Nonprofit FAQ

The Blog

The Nonprofit FAQ > Regulation >

Gambling

Is the cost of a raffle ticket deductible? Purchasing a 'chance' to win something does not count as a charitable deduction.
How does the IRS treat nonprofits' gambling revenues? Many nonprofits rely on gambling activities to bring in much-needed revenue. IRS publication 3079 covers related taxes and other issues in detail.
Should we conduct a raffle? There are a lot of hoops to jump through.

Permalink: http://www.idealist.org/if/i/en/faqcat/61-72

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