Non-Profit Organization

A non-profit corporation is a type of organization commonly used as a means to support private or public charitable purposes. A non-profit may or may not be legally incorporated, however, incorporation is recommended. Non-profits are often used in the areas of the arts, religion, humanitarian efforts, childcare, homeless shelters, animal protection, politics, labor associations, education, research and others. Non-profits are entitled to file for state and federal tax exemption status. Section 501(c)(3) of the U.S. Internal Revenue Code exempts non-profit corporations from federal taxation. Read more