Nonprofit Charitable Purposes

https://youtu.be/vkwd03CIE64 WHAT ARE THE NONPROFIT CHARITABLE PURPOSES? Groups organized for “nonprofit charitable purposes” are exempt from income tax pursuant to Internal Revenue Code section 501(c)(3).  Such groups include those organized and operated for religious, charitable, scientific, educational, or literary purposes.   NONPROFIT CHARITABLE PURPOSES BROAD PUBLIC INTEREST The term “charitable purpose” is defined broadly and includes those services that are beneficial to the public interest.  The organization must serve an open class of people and not a limited number of group members. For instance, charitable purposes include providing food to the homeless in the community, but not to specifically-named people.  [...]