What are the different types of public charities?
• Statutory public charities • Public charities supported through donations • Public charities receiving exempt function income • Supporting organizations • Statutory public charities are considered charities as a matter of law and generally perform charitable activities rather than issuing grants. Some examples of statutory public charities are churches, universities, schools, nonprofit hospitals, and medical research institutions. Statutory public charities are classified under Sections 170(b)(1)(A) (i) through (v) of the Internal Revenue Code. • Public charities supported through donations are organizations that can show that a minimum percentage of their financial support comes from a broad cross-section of the public, rather than from just one source. These charities fall under Section 170(b)(1)(A)(vi) of the Internal Revenue Code. The charity or foundation must satisfy one of two tests, both of which measure public support as a fraction of the total support the organization recei
