Nonprofit Organizations: Overview
Nonprofit organizations include everything from neighborhood associations that meet a couple of times a year and have no assets to Harvard University and the Gates Foundation, each with tens of billions in assets. They include soup kitchens and traditional "charities" that serve the poor as well as your local church, the Chamber of Commerce, the Sierra Club, the United Steel Workers labor union, and the Metropolitan Opera. As you can see, there's no "one-size-fits-all" way to think about nonprofit organizations.
So we categorize. NCCS often divides nonprofit organizations into the three major categories. Click on a column heading or other link to learn more:
|501(c)(3) Public Charities||501(c)(3) Private Foundations||Other Exempt Organizations|
|Arts, higher education, hospitals, human
services & more
501(c)(4) "Social Welfare"
15-20 other small categories include veterans organizations, fraternal organizations, cemetery companies, & credit unions.