Question: All 5 0 1 ( c ) ( 3 ) charities are treated as private foundations unless they: Provide services for more than one privato

All 501(c)(3) charities are treated as private foundations unless they:
Provide services for more than one privato family.
Spend 85% of their adjusted net income towards their exempt purpose.
Pay an additional fee to the IRS when completing Form 1023.
Meet one of the exceptions under A8509(a).
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All 5 0 1 ( c ) ( 3 ) charities are treated as

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