501(c)(3)

A 501(c)(3) organization is a type of nonprofit recognized by the IRS in the United States. It operates for charitable, educational, religious, or scientific purposes and is exempt from federal income tax. Donations to these organizations are often tax-deductible for the donor, which encourages charitable giving. To qualify, they must adhere to specific regulations, including limitations on political activities. Examples include charities, schools, and religious institutions. The designation ensures transparency and accountability in how funds are managed and used for the public good.