No tax shall be imposed by this chapter on bingo, raffles or amusement games when such activities or any combination thereof are conducted by any bona fide charitable or nonprofit organization as defined in RCW 9.46.020(3), which organization has no paid operating or management personnel and has gross income from bingo, raffles or amusement games, or any combination thereof, not exceeding $5000 per year, less the amount paid for as prizes. Taxation of punchboards and pull tabs shall not exceed five percent of gross receipts. (Ord. 77-20, 1977: Ord. 76-08 § 1, 1976: Ord. 75-04 § 3(f), 1975)