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You can form a group to lobby the government. You can't be treated as a charity and have your donors get tax deductions for it. > generally seen as organizatio

You can form a group to lobby the government. You can't be treated as a charity and have your donors get tax deductions for it. > generally seen as organizations doing good by their very definition This isn't true at all. They just don't pass profits to shareholders.

haberman 10y ago
> This isn't true at all. They just don't pass profits to shareholders. "The exempt purposes set forth in section 501(c)(3) are charitable, religious, educational, scientific, literary, testing for public safety, fostering national or international amateur sports competition, and preventing cruelty to children or animals. The term charitable is used in its generally accepted legal sense and includes relief of the poor, the distressed, or the underprivileged; advancement of religion; advancement of education or science; erecting or maintaining public buildings, monuments, or works; lessening the burdens of government; lessening neighborhood tensions; eliminating prejudice and discrimination; defending human and civil rights secured by law; and combating community deterioration and juvenile delinquency." https://www.irs.gov/charities-non-profits/charitable-organizations/exempt-purposes-internal-revenue-code-section-501-c-3 https://www.irs.gov/charities-non-profits/charitable-organiz...
- SamReidHughes 10y ago
  "Charitable non-profits" under 501(c)(3) is a subset of "non-profits."
  - haberman 10y ago
    Yes, but they are the subset under discussion (walk upthread and see).
    - deleted 10y ago
      [deleted]