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The Differences Between a 501(c)(3), 501(c)(4) and Other Tax Exemptions

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Separated by just a few lines, which route you go to classify your nonprofit will have a big difference on what type of actions are legal and how you manage your finances. In fact, there are 29 different types of 501(c) organizations including cemetery companies , Teachers’ Retirement Fund Associations and Black Lung Benefit Trusts.