Charities and Nonprofits: Understanding Exempt Organization Types
Charitable Organizations Organizations dedicated solely to religious, charitable, scientific, public safety testing, literary, educational, or other specified purposes, and that meet specific criteria, are granted tax-exempt status under Internal Revenue Code Section 501(c)(3). Churches and Religious Organizations Churches and religious organizations, like other charitable entities, can qualify for federal income tax exemption under Section 501(c)(3). […]
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