Investigative Filmmaker Reveals Churches Legally Report Nothing to IRS Unlike Other Nonprofits

What was said

"Churches, religious institutions do not have to file that document. And so what that does is it means there's no legal document a religious organization could be held to account on. They report nothing to the IRS."

Nathan Finofico explained that while secular nonprofits must file Form 990 disclosing executive salaries and expenditures, religious institutions are exempt from all financial reporting to the IRS. This creates what he called the 'darkest legal sandbox' in American business, enabling unchecked financial abuse in a sector collecting $550 billion annually in the U.S.