A nonprofit organization with 501(c)(3) designation differs from other nonprofits in that the

Question

A nonprofit organization with 501(c)(3) designation differs from other nonprofits in that the

501(c)(3) nonprofit organization (1 point)

operates in accordance with its stated mission.

is governed by a board of directors.

does not earn any profit.

enjoys local, state, and federal tax exemptions.

Answer 1

A nonprofit organization with 501(c)(3) designation differs from other nonprofits in that the

Some examples of 501(c)(3) organizations include charities, religious organizations, educational institutions, and scientific organizations.