What is a 501c3? Top Articles for Nonprofits on 501c3s
Common examples include charitable organizations, churches and religious organizations, social advocacy groups, and trade organizations. 501(c) is a subsection of the United States Internal Revenue Code (IRC) that confers tax-exempt status on nonprofit organizations. Specifically, it identifies which nonprofit organizations are exempt from paying federal income tax. A nonprofit operates for the betterment of the …
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