What Is a 501c3 Organization?

Answer

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"
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
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Charitable, religious, scientific, literary, and other organizations exempt under
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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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Is there an individual "you child" account? Like a fee for participation? Then, maybe no. Does the money just go to a general fund? Money is fungible. It doesn't matter,
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Ask.com Answer for: what is a 501c3 organization
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 »
Difficulty: Easy
Source: www.ehow.com
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