Quote:
Originally Posted by jefelump
It takes no nerve at all. It's perfectly legal, and widely done (and accepted).
Wikipedia
Even though Mavdog claimed 501c was irrelevant earlier, the above is from the tax code. I took it from Wikipedia, only because it was easier to find.
The bolded indicates contributions to 501c3's is tax deductible, and it also says churches are 501c3's. So the IRS grants churches the same standing as other charities. I wonder why that is.... |
the REGISTRATION requirements of 501(3)(c) is not applicable/relevant to churches, and IS applicable/relevant to charities.
there are a wide variety of non-profit orgs that fall under the 501(3)(c) regs, including literary groups, museums, etc. these groups must qualify under the registration rules, and the irs determines if they meet the standards. just like charities.
according to your logic, these groups must also be charities....and they are not.
newsflash: just because an org is governed by 501(3)(c) tax regs does not make it a charity. it just make sit tax exempt.