Starting a nonprofit organization
from www.usa.gov
Starting a nonprofit is an exciting and rewarding opportunity, but it can also be challenging. Find important information and services to help guide you through the process:
Types of Nonprofits
A nonprofit organization commonly performs some type of public or community benefit, without the purpose of making a profit. There are various categories of nonprofits recognized by the Internal Revenue Service (IRS):
- Charitable or religious organizations
- Social welfare organizations
- Labor and agricultural organizations
- Business leagues
- Veterans organizations
Each category has different tax benefits yet is required to comply with different restrictions. While the majority of nonprofits are classified under 501(c)(3) of the IRS Code as charitable organizations, you should review the categories to determine the right choice for your nonprofit organization.
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