Question

Which of the following is identified as a 501(c)(3)?

(1 point)
Responses

a private foundation
a private foundation

a lobbying firm
a lobbying firm

a private school
a private school

a company that donates its profits but has unrelated business income


pp

Answer 1

A 501(c)(3) organization is typically a nonprofit organization that is recognized as tax-exempt by the IRS under section 501(c)(3) of the Internal Revenue Code. This designation is generally given to charitable organizations, private foundations, and certain educational institutions.

Of the options provided, the one that is identified as a 501(c)(3) is:

**a private school**

Private schools can qualify as 501(c)(3) organizations if they are organized and operated exclusively for charitable or educational purposes.