Organization Eligibility
An organization must meet certain requirements set forth in the Code. Some organizations must also file a request with the Internal Revenue Service to gain status as a tax-exempt non-profit charitable organization under section 501(c)(3) of the tax code.
A non-exhaustive list of organizations that may meet the Federal requirements are as follows:
- Synagogues, churches and other religious organizations;
- A fraternal order or lodge
- An organization of war veterans
- Any level of government if the contribution is made for exclusively public purposes
- An organization dedicated to the improvement of public health in the U.S. or abroad
There are both public and private charities. Public charities are far more common.
Read more about this topic: Charitable Contribution Deductions In The United States
Famous quotes containing the word organization:
“It is essential that there should be organization of labor. This is an era of organization. Capital organizes and therefore labor must organize.”
—Theodore Roosevelt (1858–1919)