501(c)(3) Organizations
📄 Taxes
intermediate

Quick Definition

501(c)(3) organizations are nonprofit entities that are exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code. These organizations are typically charitable, religious, educational, or scientific in nature.

Examples

  • 1A local food bank collecting and distributing food to the needy.
  • 2A private college providing education and granting degrees.
  • 3A church conducting religious services and community outreach programs.
  • 4A research institution conducting scientific studies and publishing findings.

Tags

nonprofittax-exemptioncharityeducationreligionscience
Quick Info
Category:Taxes
Difficulty:intermediate
Last Updated:6/16/2025