charitable organization

charitable organization
n.
Under the Internal Revenue Code, a corporation or business devoted to specific charitable purposes and not operated for profit or political influence.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


charitable organization
A nonprofit organization created and operated for purposes that benefit the public interest, such as educational, scientific, religious and artistic purposes. Charitable organizations that meet the requirements of Internal Revenue Code 501(c)(3) are exempt from federal income tax and are eligible to receive tax deductible charitable contributions.
Category: Nonprofits → Starting a Nonprofit Corporation

Nolo’s Plain-English Law Dictionary. . 2009.


charitable organization
n. An organization that meets the requirements of section 501c(3) of the Internal Revenue Code, operated solely for a religious, charitable, scientific, literary, educational, or similar purpose.

Webster's New World Law Dictionary. . 2000.

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