501(c)(3) Checklist: Preparing for Nonprofit Status
Top Nonprofits
FEBRUARY 24, 2023
There are many categories of nonprofits, but nonprofits need a charitable purpose to qualify as a 501(c)(3). This purpose might be religious, scientific, literary, or educational. Have a detailed financial plan and accounting system in place. A full list of charitable purposes can be found in IRS Publication 557.
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