Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the benefit to me of the charity being a “501(c)(3)”?

benefit charity
0
10 Posted

What is the benefit to me of the charity being a “501(c)(3)”?

0
10

The benefit to donors of this designation is that, in most cases, a donor may deduct part or all of a contribution from his/her federal income taxes. We advise those seeking clarification or further information regarding the tax deductibility of donations to consult the Internal Revenue Service site.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123