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# 501c
- A type of [[non-profit]].
- [[go]] https://en.wikipedia.org/wiki/501(c)_organization
- "A 501(c) organization is a nonprofit organization in the federal law of the United States according to Section 501(c) and is one of over 29 types of nonprofit organizations exempt from some federal income taxes. Sections 503 through 505 set out the requirements for obtaining such exemptions. Many states refer to Section 501(c) for definitions of organizations exempt from state taxation as well. 501(c) organizations can receive unlimited contributions from individuals, corporations, and unions."
[//begin]: # "Autogenerated link references for markdown compatibility"
[non-profit]: non-profit "Non Profit"
[go]: go "Go"
[//end]: # "Autogenerated link references"
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# Non Profit
- [[go]] https://en.wikipedia.org/wiki/Nonprofit_organization
- " A nonprofit organization (NPO), also known as a non-business entity,[1] not-for-profit organization,[2] or nonprofit institution,[3] is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. A wide array of organizations are nonprofit, including most political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities generally seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions. But an entity may incorporate as a nonprofit entity without securing tax-exempt status."
[//begin]: # "Autogenerated link references for markdown compatibility"
[go]: go "Go"
[//end]: # "Autogenerated link references"