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What is a 501(c)(3) organization?

April 26, 2017organization

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What is a 501(c)(3) organization?

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This means that all contributions to this charity, other than for value of goods received, are tax-deductible as mandated by the Internal Revenue Service.

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Hospice of South Georgia, Inc. is a 501(c)3 non-profit organization. This is a tax status assigned to charities by the IRS. So what does that mean? In general, it means that we are able to accept contributions from the public and offer donors a tax deduction for their gifts. (All contributions are fully tax-deductible to the amount allowed by law. Please check with your accountant or other tax professional for specific details.