Nonprofit means the entity, usually a corporation, is organized for a nonprofit purpose. 501(c)(3) means a nonprofit organization that has been recognized by the IRS as being tax-exempt by virtue of its charitable programs. Tax-exemption is the result of a nonprofit organization being recognized by the IRS as being organized for any purpose allowable under 501(c)(3) - 501(c)(27). Share. Looking to start a nonprofit? Foundation Group is your go-to resource for getting it done. Find out what 20,000 other nonprofits already know! Foundation Group is America's most experienced, most trusted resource for nonprofit formation and compliance services. With over 20,000 nonprofit clients served since 1995, our team of experts works with all types of charitable and nonprofit clients coast to coast.
Learn more about the face of a 501(c)(3) operating in Africa - https://www.wildandfreefoundation.org/