What is a 501(C). (3) Organization, revealing details.

A 501(c)(3) organization is a type of tax-exempt nonprofit organization in the United States that is exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code. This type of organization is usually established for charitable, religious, educational, scientific, literary, or other purposes that benefit the public. Some common examples of 501(c)(3) organizations … Read more