What Is A 501 (c) (3) ?

The Tax Exemption status called "501 (c) (3)" is associated with a corporation recognized by the federal government, as an organization whose general purpose can be considered as educational, religious and/or charitable.  Some non-profit corporations will have very large budgets and still rely on a level of public support, over and above the money the corporation generates in order to continue providing their services.  Some non-profit organizations are:

• Childcare Centers
• Churches 
• Schools
• Homes For The Aged
• Hospitals
• Shelters