Difference between revisions of "Nonprofit Organization"
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A '''nonprofit organization (NPO)''' is a [[Business|business]] that has been granted tax-exempt status by the Internal Revenue Service (IRS) because it furthers a social cause and provides a public benefit. Donations made to a nonprofit [[Organization|organization]] are typically tax-deductible to individuals and businesses that make them, and the nonprofit itself pays no tax on the received donations or on any other money earned through fundraising activities. Nonprofit organizations are sometimes called NPOs or 501(c)(3) organizations based on the section of the tax code that permits them to operate.<ref>Defining a Nonprofit Organization [https://www.investopedia.com/terms/n/non-profitorganization.asp Investopedia]</ref> | A '''nonprofit organization (NPO)''' is a [[Business|business]] that has been granted tax-exempt status by the Internal Revenue Service (IRS) because it furthers a social cause and provides a public benefit. Donations made to a nonprofit [[Organization|organization]] are typically tax-deductible to individuals and businesses that make them, and the nonprofit itself pays no tax on the received donations or on any other money earned through fundraising activities. Nonprofit organizations are sometimes called NPOs or 501(c)(3) organizations based on the section of the tax code that permits them to operate.<ref>Defining a Nonprofit Organization [https://www.investopedia.com/terms/n/non-profitorganization.asp Investopedia]</ref> | ||
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| + | == See Also == | ||
| + | *[[IT Strategy (Information Technology Strategy)]] | ||
| + | *[[IT Governance]] | ||
| + | *[[Enterprise Architecture]] | ||
| + | *[[Chief Information Officer (CIO)]] | ||
| + | *[[IT Sourcing (Information Technology Sourcing)]] | ||
| + | *[[IT Operations (Information Technology Operations)]] | ||
| + | *[[E-Strategy]] | ||
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| + | == References == | ||
| + | <references /> | ||
Revision as of 10:50, 13 March 2024
A nonprofit organization (NPO) is a business that has been granted tax-exempt status by the Internal Revenue Service (IRS) because it furthers a social cause and provides a public benefit. Donations made to a nonprofit organization are typically tax-deductible to individuals and businesses that make them, and the nonprofit itself pays no tax on the received donations or on any other money earned through fundraising activities. Nonprofit organizations are sometimes called NPOs or 501(c)(3) organizations based on the section of the tax code that permits them to operate.[1]
See Also
- IT Strategy (Information Technology Strategy)
- IT Governance
- Enterprise Architecture
- Chief Information Officer (CIO)
- IT Sourcing (Information Technology Sourcing)
- IT Operations (Information Technology Operations)
- E-Strategy
References
- ↑ Defining a Nonprofit Organization Investopedia