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Carnegie Mellon University is a corporate, non-profit, educational institution that has been granted tax-exempt status under the Internal Revenue Code Section 501(c)(3). What does it mean to be a tax-exempt organization under IRC Section 501(c)(3)?

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Carnegie Mellon University is a corporate, non-profit, educational institution that has been granted tax-exempt status under the Internal Revenue Code Section 501(c)(3). What does it mean to be a tax-exempt organization under IRC Section 501(c)(3)?

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As a tax-exempt organization under IRC Section 501(c)(3), Carnegie Mellon is responsible for complying with appropriate federal and state corporate tax laws:

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