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: 2026-09-16 · 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: 2026-09-16

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: 2026-09-16

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: 2026-09-16

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.