What Is a 501c3 Organization?


A 501(c) (3) organisation is a non-profit corporation that has been exempted from federal tax according to the US Internal Revenue Code managed by the Department of Treasury. Examples of such organisations are public charities, private foundations and private operating foundations.
Q&A Related to "What Is a 501c3 Organization"
Companies and organizations with a 501c3 status have been given a tax exempt status by the IRS. Most of these types of companies are non-profit or charitable organizations. For more
A 501(c)3) organization can be classified as a public charity, which derives at least one third of its income from a wide base of public or government funding, or a private foundation
Charitable, religious, scientific, literary, and other organizations exempt under
IRS Section 501(c)(3) is the section of the tax code that defines nonprofit, charitable (as broadly defined), tax-exempt organizations; 501(c)(3) organizations are further defined
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What Is a 501 C 3 Organization?
A 501(c)(3) organization is a charity or public service entity that qualifies for tax exemption under Internal Revenue Code Section 501(c)(3).... More »
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The term "501(c)3" refers to the most common type of nonprofit organization recognized by the IRS. According to About.com, this category embraces such ...
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