NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Balance Sheet Insolvency and Contribution Revenue in Public Charities

Tatiana Homonoff, Thomas L. Spreen, Travis St.Clair

NBER Working Paper No. 26546
Issued in December 2019, Revised in May 2020

---- Acknowledgments ----

We gratefully acknowledge Thad Calabrese, Jacob Goldin, Ben Marx, Alex Rees-Jones, Dan Tinkelman, and Job White as well as seminar and conference participants at New York University, University of Maryland, NTA, APPAM, and ABFM for conversations and suggestions that have greatly improved the quality of this project. All remaining errors are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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