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List: Top 10 Non-Profits that Choose to Pay City Taxes

Northeastern University and Harvard Vanguard are among the non-profit organizations not required to pay taxes on their property, but do so thanks to Boston's Payment in Lieu of Taxes program.

 

 

Non-profit organizations are not required to pay taxes on their property, but some do so thanks to Boston's Payment in Lieu of Taxes program, or PILOT.

The second fiscal year of the program ended on June 30, with Boston receiving $19.5 million in payments. But FY 2012 was the first year under new PILOT guidelines created by the City.

The guidelines ask for voluntary payments based on organization’s tax-exempt property value. The City asked 45 institutions with property valued at $15 million or more. Organizations are eligible for a "community benefits deduction," calculating institutions efforts to give back to the community through things such as scholarships, donations, events and programs. 

Before the list of the Top 10 PILOT payers, check out some statistics provided by the City of Boston:

  • The $19.5 million received for FY 2012 is 90.7% of the $21.5 million requested amount. 
  • The City calculated organizations provided $21.9 million in community benefits for FY 2012. 
  • In FY 2011, Boston received $15.1 million in cash and $2.3 million in community benefits. 

Top 10 PILOT Payers for Boston in FY 2012

Institution PILOT If Taxable
Boston University $5,329,936 $57.6 million
Mass General Hospital $3,508,707 $55.4 million
Harvard University $2,121,894 $47.2 million
Brigham and Womans Hospital $1,823,270 $20.5 million
Tufts Medical Center $950,124 $17.6 million
Northeastern University $886,000 $39.9 million
Beth Israel Deaconess $752,948 $25.2 million
Children's Hospital Boston $451,434 $20.5 million
Suffolk University $390,000 $7 million
Harvard Vanguard $309,511 $3.4 million

*Taxable amounts rounded. All statistics provided by the City of Boston.

Related Topics: Boston non-profits, non-profits, and payment in lieu of taxes

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