How many 501c3 identified status are there in America and why is it important to differentiate them

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How many 501c3 identified status are there in America and why is it important to differentiate them all?

2. Which one of the 501c3 area identified for; social organization/ religious organization/ political organizations and why?

3. What is the difference between a for-profit/non-profit organization?

4. What are the benefits and limitations to operating either organization in question 3?

5. Identify two legal obligation that would result in an organization losing its 501c3 status?

Related Book For answer-question

Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Posted Date: Jan 29, 2021 06:32 AM

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How many 501c3 identified status are there in America and why is it important to differentiate them

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1 There are three primary categories under 501c3 public charities private foundations and private operating foundations It is important to differentia... View the full answer

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