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A charitable organization, also known as a charity, is a non-profit organization whose main goals are philanthropy and social well-being (e.g. educational, religious or other activities serving the public interest or common good). Charity legislation varies in terms of enforcement, tax treatment, and how it impacts charitable organizations. Charitable organizations are prohibited from using any of their proceeds to benefit individuals or businesses.
Financial figures (e.g., tax refunds, fundraising income, revenue from the selling of goods and services, or revenue from investments) are metrics used by charity evaluators to determine a charity's financial viability. This knowledge has the potential to affect a charity's image among donors and communities, as well as its financial benefits. Charitable organizations often depend partly on donations from businesses. Corporate philanthropy takes many forms, including contributions to charitable organizations. A charity must be strictly organized and managed in order to satisfy the exempt organizational test criteria. For example, in many countries of the Commonwealth, charitable organizations must demonstrate that they provide a public benefit. A charitable organization in the United States is one that is run for the benefit of the general public. Charitable organizations come in a variety of shapes and sizes. Every U.S. and foreign charity that qualifies as tax-exempt under Section 501(c)(3) of the Internal Revenue Code is considered a "private foundation" unless it demonstrates to the IRS that it falls into another category.
Browse through a collection of professional Charity Flyer templates that have been designed just for you. Download options are available in PDF, Word, and a variety of other formats.