501c3
A 501(c)(3) organization in the US is a type of nonprofit organization exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code, providing that certain criteria and purposes are fulfilled to qualify as tax-exempt status. To become one, an organization must meet specific requirements and fulfill specific purposes to qualify as a 501(c)(3).
501c3 Organizations are classified into three categories that include private foundations and private operating foundations.
Public charity: These are what people think of as organisations that are active in their programs. Examples include benevolence and church organizations as well as animal welfare organizations and educational institutions, among others. They usually get a large part of their revenue either from people in general or the government.
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