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What is the difference between operating receipts and revenue (Item 4)?

April 26, 2017operating receipts revenue

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What is the difference between operating receipts and revenue (Item 4)?

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Taxable establishments report operating receipts that are the fees, charges, income, royalties, and dues the business receives from providing services. Tax-exempt establishments report revenue they receive from providing program services, fundraisers, and etc. that are forms of income. For more information please refer to your Information sheet.