Skip to main content
It looks like you're using Internet Explorer 11 or older. This website works best with modern browsers such as the latest versions of Chrome, Firefox, Safari, and Edge. If you continue with this browser, you may see unexpected results.

View All Library Hours


Assumption University Home | Portal (My.Assumption)

Nonprofits: Get Help

Covers resources for nonprofit organizations as they relate to business.

What is a Nonprofit?

What are Nonprofit Organizations?
According to the National Center for Charitable Statistics nonprofits are formal organizations in the United States that qualify for tax-exempt status under the Internal Revenue Code because they are organized for the specific purposes stated in the Code.

 Although there are legal distinctions among nonprofit organizations and different reporting requirements, all are exempt from paying federal income taxes. About half of nonprofits - called charitable organizations - are exempt under Section 501(c)(3). This status permits donations to charities to be tax-deductible to the donor.

Types of Tax Exempt Organizations

What is 501(c)(3)?
Section of the Internal Revenue Code that designates an organization as charitable and tax-exempt. Organizations qualifying under this section include religious, educational, charitable, amateur athletic, scientific or literary groups, organizations testing for public safety or organizations involved in prevention of cruelty to children or animals. Most organizations seeking foundation or corporate contributions secure a Section 501(c)(3) classification from the Internal Revenue Service (IRS).


Note: The tax code sets forth a list of sections-501(c)(4-26)-to identify other nonprofit organizations whose function is not solely charitable (e.g., professional or veterans organizations, chambers of commerce, fraternal societies, etc.).

Meet with a Librarian

Schedule an individual consultation with a research librarian through this link.  A librarian is happy to help you at any point in the research process, from helping you develop a topic for your project, to finding information, to helping with citations.

Research Help

Subject Guide

d'Alzon Library's picture
d'Alzon Library
Chat loading...
Contact:

Main Desk: 508-767-7135

Research Help: 508-767-7273

Library FAQ's
Answers to the Library's most frequently asked questions.

Website

Associations