Fun Facts!

According to May 2006 data from the National Center for Charitable Statistics :

1. California has almost 11% of filing nonprofit organizations in the country (organizations who are required to file a form 990 tax return), 60,729, more than any other state.
2. CA nonprofits are third highest in gross receipts ($233,990,322,869) reported on the 990, just behind New York and Michigan.
3. CA nonprofits are first in total assets ($335,975,355,076) reported on the 990.

With numbers this big it really shows how valuable good financial tracking and reporting is.