Mileage Rate 2024 Non Profit. When nonprofits reimburse their employees and volunteers for mileage, they can use the irs standard mileage rate or reimburse at a rate they have set themselves. Irs issues standard mileage rates for 2024;
For business use, the standard mileage rate has been increased to 67 cents per mile, up 1.5 cents from 2023. According to the irs, the mileage rate is set yearly “based on an annual study of the fixed and variable costs of operating an automobile.” here are the mileage rates for the year 2024: