What does charitable organization mean?
Definitions for charitable organization
This dictionary definitions page includes all the possible meanings, example usage and translations of the word charitable organization.
An organization with charitable purposes only.
A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, religious or other activities serving the public interest or common good). The legal definition of a charitable organization (and of charity) varies between countries and in some instances regions of the country. The regulation, the tax treatment, and the way in which charity law affects charitable organizations also vary. Charitable organizations may not use any of their funds to profit individual persons or entities. (However, some charitable organizations have come under scrutiny for spending a disproportionate amount of their income to pay the salaries of their leadership). Financial figures (e.g. tax refund, revenue from fundraising, revenue from sale of goods and services or revenue from investment) are indicators to assess the financial sustainability of a charity, especially to charity evaluators. This information can impact a charity's reputation with donors and societies, and thus the charity's financial gains. Charitable organizations often depend partly on donations from businesses. Such donations to charitable organizations represent a major form of corporate philanthropy.In order to meet the exempt organizational test requirements, a charity has to be exclusively organized and operated. In order to receive and pass the exemption test, a charitable organization must follow the public interest and all exempt income should be for the public interest. For example, in many countries of the Commonwealth, charitable organizations must demonstrate that they provide a public benefit.
A charitable organization is a type of non-profit organization. It differs from other types of NPOs in that it centers on non-profit and philanthropic goals as well as social well-being. The legal definition of charitable organization varies according to the country and in some instances the region of the country in which the charitable organization operates. The regulation, tax treatment, and the way in which charity law affects charitable organizations also varies. Financial figures are important indicators to assess the financial sustainability of a charity, especially to charity evaluators. This information can impact a charity's reputation with donors and societies, and thus the charity's financial gains.
The numerical value of charitable organization in Chaldean Numerology is: 8
The numerical value of charitable organization in Pythagorean Numerology is: 3
Examples of charitable organization in a Sentence
I did think about working directly in a charitable organization, but I do not, or did not when I graduated at least, have the skills that would allow me to do that very well.
Staff need to disclose personal donations to a charitable organization to us before covering a story related to that organization, he had not disclosed the Foundation donations to us before he interviewed Peter Schweizer.
I understand first-hand how tremendous the help is that they give and what a great organization they are, what better tie in for a world record attempt than a world-reaching charitable organization ?
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"charitable organization." Definitions.net. STANDS4 LLC, 2023. Web. 30 Mar. 2023. <https://www.definitions.net/definition/charitable+organization>.
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