How to Confirm a Charity’s 501(c)(3) Status: A Guide to Using the IRS Tax Exempt Organization Search Tool
Understanding 501(c)(3) Status The 501(c)(3) status is a designation granted by the Internal Revenue Service (IRS) that recognizes an organization as a tax-exempt charity. This status is significant as it not only exempts the organization from federal income tax but also allows donors to make tax-deductible contributions. Achieving 501(c)(3) status is essential for any nonprofit … Read more