Not all 501(3)c organizations organizations are charities. But they are all supposed to be public benefit and not-for-profit. That is, they must benefit the public good or public trust and their profits must be reserved or reinvested in the organization, not paid out to shareholders.
Not all 501(3)c organizations organizations are charities. But they are all supposed to be public benefit and not-for-profit. That is, they must benefit the public good or public trust and their profits must be reserved or reinvested in the organization, not paid out to shareholders.
Not all 501(3)c organizations organizations are charities. But they are all supposed to be public benefit and not-for-profit. That is, they must benefit the public good or public trust and their profits must be reserved or reinvested in the organization, not paid out to shareholders.