Section 501c3 Organizations

Section 501(c)(3) Organizations Generally. There are five basic components to qualifying and maintaining tax-exempt status under Section 501(c)(3):an organization must be organized exclusively for charitable purposes,it must be operated exclusively for charitable purposes,no part of its net earnings may inure to the benefit of any private shareholder or individual,it may not conduct more than an insubstantial amount of lobbying activities,it may not intervene in a political campaign..

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