501(c) organization

501 (c) organization (abbreviated 501 (c) ) refers to 28 types of U.S. Nonprofit Corporation or Association.

Status

These organizations or associations are partly exempt from income taxes. The status is granted after request by the Internal Revenue Service and is subject to the publication of some financial documents and a restriction of political activities. The name refers to the section 501 ( c ) of the Internal Revenue Code.

Types

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