AP Newsbreak: 'Alt-Right' Group Regains IRS Tax-Exempt Status

October 04, 2018 - 11:55 am
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COLLEGE PARK, Md. (AP) — The Internal Revenue Service has reinstated the tax-exempt status of a nonprofit operated by white nationalist Richard Spencer, who has been banned from using mainstream online platforms to raise money.

Spencer's Alexandria, Virginia-based National Policy Institute Inc. automatically lost its tax-exempt status more than a year ago after it failed to file tax returns for three consecutive years.

A letter signed by an IRS official says the nonprofit's reinstatement was effective July 12. Spencer says he learned of the change in August.

Spencer says the reinstatement is a "nice, small victory" after getting banned by online payment processors PayPal and Stripe after a deadly 2017 white nationalist rally in Charlottesville, Virginia.

Spencer coined the term "alt-right" to describe a fringe movement mixing white nationalism, anti-Semitism and other far-right extremist views.

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