Best broad policy environment in the nation: Wyoming ranks 1st in the Broad Policy Environment, offering exceptional economic and regulatory conditions that permit both economic and charitable activity.
Very high nonprofit freedom: The state ranks 2nd in Nonprofit Freedom. It requires no charitable solicitation registration, charges zero registration fees, imposes minimal reporting obligations, has limited paid solicitor regulations, and no audit requirements.
Strong tax incentives: Wyoming offers a general sales tax exemption, and generally deductible charitable contributions for donors.
Limited legal protections: Wyoming provides no donor standing, and no donor privacy protections, which undermines trust between charities and donors.
Weak UPMIFA protections: The state maintains weak UPMIFA safeguards, offering limited legal protection for charitable endowments and restricted assets.
Detailed Scorecard
1. Broad Policy Environment
1A. Occupational Freedom (rescaled 0 to 10)
8.00
1B. Tax Competitiveness (rescaled 0 to 10)
10.00
1C. EFNA (0 to 10)
7.02
2. Nonprofit Freedom
2A. Charitable Startup Regulations
Requires charitable registration?
No
Top Registration Fee
$0.00
Minimum Registration Fee
$0.00
Top Incorporation Fee
$25.00
Minimum Incorporation Fee
$25.00
2B. Charitable Reporting Regulations
Requires Annual Report?
Yes
Top Annual Fee
$2.00
Minimum Annual Fee
$2.00
Requires Additional Corporate Filings
No
Other Fees
$0.00
Tiered Fee Structure
No
Overlapping Regulators
No
2C. Paid Solicitor Requirements
Commercial Fundraisers Must Register with the State
No
Paid Solicitor Registration Fee
$0.00
Paid Solicitor Renewal Fee
$0.00
Surety Bond for Professional Fundraisers
$0.00
Are Paid Solicitors Required to Report to the State in Order to Start Fundraising?
No
Fundraising Consultant Registration Required
No
Annual Financial Reporting by Commercial Fundraisers Required
No
Must File Contracts Between Charities and Commercial Fundraisers
No
Individual Solicitors Employed by Professional Fundraisers Must Register Separately?