501c3 Organizations

A 501(c)(3) organization is a type of nonprofit organization in the United States recognized by the Internal Revenue Service (IRS) as tax-exempt. This means they don't have to pay federal income tax on donations and funds they receive, as long as they operate for charitable, educational, religious, or scientific purposes. Donations to 501(c)(3) organizations are often tax-deductible for the donor. These organizations must follow strict rules regarding their activities and finances to maintain their tax-exempt status, ensuring they primarily benefit the public rather than private interests.