Non-profit organizations or non-profit corporations are set up to provide services to either members or the
general public. There are two primary categories: 501c(3) and all the others. 501c(3) non-profits serve
the general public and donations to their organization are tax exempt. Contributions to the other
non-profits are not tax exempt.
Non-profits have annual reporting requirements, must have a board of directors with
outside board members, and have major restrictions on their revenue activities.
If your goal is to contribute a percentage of your profits to a non-profit or charitable cause,
you are not a non-profit; you
are a regular (but generous) business which gives charitable contributions.
