501 (c) (3) Tax-exemption

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According to the United States' Internal Revenue Service, an organization is tax-exempt if it is organized and operated exclusively for charitable purposes and none of its earnings go to a private individual. In addition, a tax-exempt organization under section 501(c)(3) of the Internal Revenue Code may not attempt to influence legislation or participate in any campaign activity for or against political candidates.

http://www.irs.gov/charities/charitable/article/0,,id=96099,00.html