IRS Definition of a charity

Source: IRS Website:

To be a 501(c)(3) tax-exempt organization, the IRS website states that an organization: must be a corporation, community chest, fund, or foundation
cannot have earnings that inure to any private shareholder or individual
must be organized and operated exclusively for charitable, religious, educational, scientific, literary, testing for public safety, fostering national or international amateur sports competition, and the prevention of cruelty to children or animals .

IRS Definition of a Charitable 501C3 Framework


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