3 ms·
not-for-profit and tax-exempt are different things. Tax-exempt entities are also not-for-profit but not all non-profit entities are tax-exempt (Political parti
by fr0sty 13y ago
not-for-profit and tax-exempt are different things.
Tax-exempt entities are also not-for-profit but not all non-profit entities are tax-exempt (Political parties, professional organizations, the NFL,...).