A nonprofit organization with 501(c)(3) designation differs from other nonprofits in that the
501(c)(3) nonprofit organization (1 point)
operates in accordance with its stated mission.
is governed by a board of directors.
does not earn any profit.
enjoys local, state, and federal tax exemptions.
1 answer
Some examples of 501(c)(3) organizations include charities, religious organizations, educational institutions, and scientific organizations.