The Single Audit Threshold
The single audit threshold is $1,000,000 in federal awards expended for a fiscal year beginning on or after October 1, 2024, and $750,000 for fiscal years that began earlier. It is set by 2 CFR 200.501 and is applied to the first day of the fiscal year, not to the filing date.
Last verified: 2026-09-20 · Sources are linked on every fact below.
What is the single audit threshold for 2025 and 2026?
For fiscal years beginning on or after October 1, 2024, a non-federal entity that expends $1,000,000 or more in federal awards must have a single audit. For fiscal years that began before that date the amount is $750,000. Both figures come from 2 CFR 200.501.
Source: 2 CFR 200.501 · Last verified: 2026-09-20
Did the single audit threshold change?
Yes. The threshold was $750,000 and rose to $1,000,000. The change applies by fiscal-year start date, so an organization with a June 30 year end first uses $1,000,000 for the year beginning July 1, 2025.
Source: 2 CFR 200.501 · Last verified: 2026-09-20
| Fiscal year beginning | Federal awards expended threshold | Rule |
|---|---|---|
| Before October 1, 2024 | $750,000 | 2 CFR 200.501 |
| On or after October 1, 2024 | $1,000,000 | 2 CFR 200.501 |
How is the threshold applied?
The test is the total of federal awards expended during the fiscal year, not the amount awarded or received. 2 CFR 200.502 sets out what counts as expended. An organization whose federal spending is under the threshold is not required to have a single audit, and an organization that spends federal awards under only one program may be able to elect a program-specific audit instead.
Source: 2 CFR 200.501 · 2 CFR 200.507 · Last verified: 2026-09-20
Where to check whether a nonprofit crossed it
Single audit filings are public. Use the Federal Audit Clearinghouse lookup guide to find an organization's filings, and the statistics pages for how many nonprofits in a state filed a first single audit in each year. Whether a state adds its own audit rule is covered on nonprofit audit requirements.
What the threshold looks like in the filings
The test runs on the schedule of expenditures of federal awards (2 CFR 200.510), and the organizations it catches are not all large: the median nonprofit single audit for audit year 2024 reported $2,625,160 of federal awards expended, and 1,454 organizations crossed into single audit territory for the first time that year.
Median across nonprofit single audits in our copy of the FAC bulk data. Source: Federal Audit Clearinghouse · 2 CFR 200.501 · Data as of 2026-09-20
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