Charitable status: Difference between revisions

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For a [[non-profit organization]] to have '''charitable status''' under the law means that a [[donation]] to that organization results in the issue of a [[tax receipt]] - that is, a [[receipt]] that entitles the [[donor]] to a [[tax deduction]]. Effectively, citizens of that jurisdiction give up a right to tax some amount on the assumption that the organization acts in their own interests.
For a [[non-profit organization]] to have '''charitable status''' under the law means that a [[donation]] to that organization results in the issue of a [[tax receipt]] - that is, a [[receipt]] that entitles the [[donor]] to a [[tax deduction]] in the [[US]]. Effectively, citizens of that jurisdiction give up a right to tax some amount on the assumption that the organization acts in their own interests.


Accordingly, organizations with such '''status''' fall under much closer scrutiny than those without it.
Accordingly, organizations with such '''status''' fall under much closer scrutiny than those without it.
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