To be exempt from tax as a social welfare organization described in Section 501(c)(4) of the Internal Revenue Code (IRC), an organization must not be organized for profit. It must...
Nonprofits envelop a wide range of entities. Many may relate not-for-profits with 501(c)(3) philanthropies, for example, the Salvation Army. However, there are various kinds of nonprofits...
The word Not-For-Profit often rings a bell in the ear and suspicion in mind regarding their mode of operation and revenue model. A lot of these curiosities stem from the fact that...