501c3 for Non Profit

Section 501(c)(3) is the part of the US Internal Revenue Code that allows for federal tax exemption of nonprofit organizations. A 501(c)(3) organization is a corporation, trust, unincorporated association, or other types of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code.

Organizations must be considered “charitable” by the IRS to receive a 501(c)(3) classification. According to the IRS, a charitable organization is one that has been established for the below purposes :

• Religious
• Charitable
• Scientific
• Testing for Public Safety
• Literary
• Educational
• Fostering of national or international amateur sports, and Prevention of cruelty to animals and children

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