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2022 revision of Form 990. Form 990 (officially, the " Return of Organization Exempt From Income Tax " [ 1 ]) is a United States Internal Revenue Service (IRS) form that provides the public with information about a nonprofit organization. [ 2 ] It is also used by government agencies to prevent organizations from abusing their tax-exempt status ...
e. United States non-profit laws relate to taxation, the special problems of an organization which does not have profit as its primary motivation, and prevention of charitable fraud. Some non-profit organizations can broadly be described as "charities" — like the American Red Cross. Some are strictly for the private benefit of the members ...
501 (c) (3) organization. A 501 (c) (3) organization is a United States corporation, trust, unincorporated association or other type of organization exempt from federal income tax under section 501 (c) (3) of Title 26 of the United States Code. It is one of the 29 types of 501 (c) nonprofit organizations [ 1 ] in the US.
A 501 (c) organization is a nonprofit organization in the federal law of the United States according to Internal Revenue Code (26 U.S.C. § 501 (c)). Such organizations are exempt from some federal income taxes. Sections 503 through 505 set out the requirements for obtaining such exemptions. Many states refer to Section 501 (c) for definitions ...
Candid (organization) Candid is an information service specializing in reporting on U.S. nonprofit companies. [ 1 ][ 2 ] In 2016, its database provided information on 2.5 million organizations. [ 3 ] It is the product of the February 2019 merger of GuideStar with Foundation Center. [ 4 ][ 5 ]
Charity Navigator is a charity assessment organization that evaluates hundreds of thousands of charitable organizations based in the United States, operating as a free 501 (c) (3) organization. [4] It provides insights into a nonprofit's financial stability, adherence to best practices for both accountability and transparency, and results ...
Website. nccs.urban.org. The National Center for Charitable Statistics (NCCS) is a clearing house for information about the nonprofit sector of the U.S. economy. The National Center for Charitable Statistics builds national, state, and regional databases and develops standards for reporting on the activities of all tax-exempt organizations.
The National Taxonomy of Exempt Entities (NTEE) is a used by the Internal Revenue Service (IRS) and NCCS to classify U.S. tax-exempt organizations. A specialist from the IRS assigns an NTEE code to each organization exempt under I.R.C. § 501 (a) as part of the process of closing a case when the organization is recognized as tax-exempt. For ...