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$29.6 billion of Philly real estate is exempt from property taxes. Should nonprofits be asked to pay up?

Tax-exempt properties account for 17% of the city’s total real estate value, an Inquirer analysis found. Their combined tax breaks equal about $414 million annually. Unlike other cities, Philadelphia doesn't seek other payments in lieu of taxes.

Visitors walk outside the Philadelphia Museum of Art in August. The museum is one of nearly 23,000 tax-exempt properties in Philadelphia.
Visitors walk outside the Philadelphia Museum of Art in August. The museum is one of nearly 23,000 tax-exempt properties in Philadelphia.Read moreTIM TAI / Staff Photographer
    by Laura McCrystal
    Updated 
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