Rep. Abigail Salisbury November 15, 2023 | 10:37 AM
HARRISBURG, Nov. 15 – State Rep. Abigail Salisbury, D-Allegheny, introduced legislation today that would raise the monetary threshold amount that subjects charitable organizations to more extensive financial oversight, including mandatory audits.
Among other things, Salisbury’s bill would raise the current threshold for a mandatory audit from $750,000 to $1 million, a move she said better reflects current day charitable donations.
“Increasing the monetary thresholds that trigger third-party audits or review would cut out red tape and help charitable organizations do what they were created to do – get dollars into the hands of people needing them,” said Salisbury, who serves as House Democratic chair of the Pennsylvania Charitable Nonprofit Caucus. “The current thresholds for subjecting organizations to greater regulation have not been reviewed since 2017, and it’s time to move the line to better reflect current day standards.”
Under H.B. 1824:
The bill – which is co-sponsored by state Rep. Keith Greiner, R-Lancaster – would also make the compilation, review or audit requirement optional for charitable organizations receiving annual contributions of less than $150,000 annually. Under existing law, the requirement is optional for organizations receiving less than $100,000.
Please use the form below to sign up for email updates. By completing this form you are acknowledging your request to receive periodic email updates.
By completing this form, you are verifying your request to opt in for email updates.
Thank you. Your email signup has been sent. You should start getting emails within 24 hours.
Please use the form below to email Rep. Abigail Salisbury.
Thank you. Your feedback has been sent.
501 Braddock Ave.Braddock, PA 15104-1856
P*: (412) 273-3400
F*: (412) 273-3434
Hours of Operation - Monday through Friday, 9 a.m. to 4:30 p.m.
123-B East WingMain CapitolHarrisburg, PA 17120
P*: (717) 783-1914