What is a 501(c) organization?

Answer According to the U.S. Internal Revenue Code, Title 26, Section 501 provided by Cornell University Law School's Legal Information Institute, a 501(c) organization is a corporation, organization or a... Read More »

Top Q&A For: What is a 501(c) organization

Is a condo association a 501c organization?

It depends on your local laws, including your state laws, and the nature of the condominium association's assets.If yours is a mixed-use association, and the association earns revenue from renting,... Read More »

What Is a 501C Company?

A 501c company is a U.S. company that is tax exempt, and is usually a nonprofit corporation. This company is exempt from federal, and in some cases, state taxes.

What is a 501c grant?

A 501(c) grant represents the placement of an organization in the nonprofit category of the Internal Revenue Code, according to There are a range of numbered status categories w... Read More »

What is a 501c corporation?

A 501(c) corporation is one that qualifies for tax-exempt status, according to However, the rules for this type of corporation depends on its classification. Some are allowed to take c... Read More »