501(c)(3)
An organization that complies with section 501 of the U.SAn organization that complies with section 501(c)(3) of the U.S. federal tax code. A non-profit organization exempt from some federal income taxes, due to being dedicated to charitable, religious, educational, scientific, public safety, promotion of amateur sport at the national or international level, prevention of cruelty to women or children or animals, or literary purposes.
Meaning
1 senses(US)An organization that complies with section 501(c)(3) of the U.S. federal tax code. A non-profit organization exempt from some federal income taxes, due to being dedicated to charitable, religious, educational, scientific, public safety, promotion of amateur sport at the national or international level, prevention of cruelty to women or children or animals, or literary purposes.
Origin
From the section of the U.S. federal tax code.From the section of the U.S. federal tax code.
Wiktionary, CC BY-SA 4.0 · source
Forms
plural: 501(c)(3)s| Singular | 501(c)(3) |
|---|---|
| Plural | 501(c)(3)s |
regular
See also
neighbours in the dictionaryDictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.