Line Start Table 7.20. Comparison of Income and Outlays of Nonprofit Institutions Serving Households with Revenue and Expenses as Published by the Internal Revenue Service date [Billions of dollars] 01 1992 Revenue of nonprofit institutions, IRS\1\ 02 1992 Less: Nonprofit revenue recorded by the IRS not included in nonprofit institution income and receipts from sales 03 1992 Capital gains or losses 04 1992 Adjustment for different accounting periods 05 1992 Nonresident institutions 06 1992 Government hospitals and schools\2\ 07 1992 Other out-of-scope activity\3\ 08 1992 Transfer receipts from nonprofit institutions\4\ 09 1992 Plus: Nonprofit institution income not recorded by the IRS 10 1992 Religious organizations\5\ 11 1992 Other organizations 12 1992 Other accounting differences\6\ 13 1992 Equals: IRS-derived nonprofit institution income and receipts from sales 14 1992 Nonprofit institution income, NIPAs\7\ 15 1992 Plus: Receipts from sales of goods and services by nonprofit institutions, NIPAs\8\ 16 1992 Equals: BEA-derived nonprofit institution income and receipts from sales 17 1992 Gap, IRS less BEA nonprofit institution income and receipts from sales 18 1992 Expenses of nonprofit institutions, IRS\1\ 19 1992 Less: Nonprofit institution expenses recorded by the IRS not included in gross output of nonprofit institutions and current transfer payments 20 1992 Adjustment for different accounting periods 21 1992 Nonresident institutions 22 1992 Government hospitals and schools\2\ 23 1992 Other out-of-scope activity\3\ 24 1992 Transfer payments to nonprofit institutions\4\ 25 1992 Capital consumption adjustment\9\ 26 1992 Plus: Gross output of nonprofit institutions and current transfer payments not recorded by the IRS 27 1992 Religious organizations\5\ 28 1992 Other organizations 29 1992 Adjustment for other accounting differences\10\ 30 1992 Equals: IRS-derived gross output of nonprofit institutions and current transfer payments 31 1992 Gross output of nonprofit institutions, NIPAs\11\ 32 1992 Plus: Nonprofit institution current transfer payments, NIPAs\12\ 33 1992 Equals: BEA-derived gross output of nonprofit institutions and current transfer payments 34 1992 Gap, IRS less BEA gross output of nonprofit institutions and current transfer payments ---------- 1. For 1996, includes an adjustment to account for some classes of tax-exempt institutions not included in the IRS statistics. 2. Primarily reflects adjustment for differences between IRS and BEA in sector definitions and in treatment of scholarships and fellowships. 3. Includes activities of nonprofit institutions serving business, unrelated sales, secondary sales, and sales to business, government, and the rest of the world. 4. Includes grants and allocations made by nonprofit institutions that indirectly support households through the support of other nonprofit institutions, plus their payments to affiliates. 5. Reflects partial coverage in the IRS statistics. 6. Consists of imputed interest received for depositor and insurance services, net insurance settlements, and capital consumption adjustment for rental income. 7. Estimates of income and outlays of nonprofit institutions serving households are provided in table 2.9. 8. Equals table 2.9, line 68. 9. IRS-reported capital consumption allowance less BEA-estimated consumption of fixed capital for structures and for equipment and software of nonprofit institutions serving households. 10. Consists primarily of financial services furnished without payment for depositor and insurance services, less expenditures for computer software investment. 11. Equals table 2.9, line 58. 12. Equals table 2.9, line 78. IRS Internal Revenue Service