what is 509a2 versus 501c3?Advertisement
501(c)(3) versus 509(a)(1). What is the difference between these two statuses? Section 501(c)(3) is the section of the Tax Code that describes religious, scientific, literary, educational and other charitable organizations exempt from federal income tax. - read more
The IRS's Types of 501c3 Organizations. Nonprofit organizations are given tax-exempt status by the Internal Revenue Service (IRS) under section 501c3 if they are organized and operated for exempt purposes. The five types of 501c3 organizations are publicly supported charities, exempt purpose ... - read more
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