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Qualified Charitable Organization

What is 'Qualified Charitable Organization'

A nonprofit organization that qualifies for tax-exempt status according to the U.S. Treasury. Qualified charitable organizations must be operated exclusively for religious, charitable, scientific, literary or educational purposes, or for the prevention of cruelty to animals or children, or the development of amateur sports.

Explaining 'Qualified Charitable Organization'

Only donations that are made to a qualified charitable organization are tax-deductible. Organizations that do not qualify for this status are considered for-profit and are taxed accordingly.


Further Reading


Economic consequences of going concern audit opinions in nonprofit charitable organizations
meridian.allenpress.com [PDF]
… Agency (HFA), considers going concern as one of the criteria to qualify an NPO for … the Federal Audit Clearinghouse (FAC) database and the National Center for Charitable Statistics (NCCS … digitized files in the NCCS database contain necessary financial data on public charities …

The role of independent examiners in the accountability of UK charitiesThe role of independent examiners in the accountability of UK charities
www.tandfonline.com [PDF]
… Agency (HFA), considers going concern as one of the criteria to qualify an NPO for … the Federal Audit Clearinghouse (FAC) database and the National Center for Charitable Statistics (NCCS … digitized files in the NCCS database contain necessary financial data on public charities …

The role of charities in social tourismThe role of charities in social tourism
www.tandfonline.com [PDF]
… Agency (HFA), considers going concern as one of the criteria to qualify an NPO for … the Federal Audit Clearinghouse (FAC) database and the National Center for Charitable Statistics (NCCS … digitized files in the NCCS database contain necessary financial data on public charities …

City–Charity Partnerships and the Financial Crisis: Case study evidenceCity–Charity Partnerships and the Financial Crisis: Case study evidence
www.tandfonline.com [PDF]
… Agency (HFA), considers going concern as one of the criteria to qualify an NPO for … the Federal Audit Clearinghouse (FAC) database and the National Center for Charitable Statistics (NCCS … digitized files in the NCCS database contain necessary financial data on public charities …

Institutional logics in the study of organizations: The social construction of the relationship between corporate social and financial performanceInstitutional logics in the study of organizations: The social construction of the relationship between corporate social and financial performance
www.jstor.org [PDF]
… Agency (HFA), considers going concern as one of the criteria to qualify an NPO for … the Federal Audit Clearinghouse (FAC) database and the National Center for Charitable Statistics (NCCS … digitized files in the NCCS database contain necessary financial data on public charities …

Buoys and beacons in economicsBuoys and beacons in economics
repositorio.uesiglo21.edu.ar [PDF]
… Agency (HFA), considers going concern as one of the criteria to qualify an NPO for … the Federal Audit Clearinghouse (FAC) database and the National Center for Charitable Statistics (NCCS … digitized files in the NCCS database contain necessary financial data on public charities …

Income diversity and nonprofit financial healthIncome diversity and nonprofit financial health
www.elgaronline.com [PDF]
… Agency (HFA), considers going concern as one of the criteria to qualify an NPO for … the Federal Audit Clearinghouse (FAC) database and the National Center for Charitable Statistics (NCCS … digitized files in the NCCS database contain necessary financial data on public charities …

China's charitable foundations: Development and policy-related issuesChina's charitable foundations: Development and policy-related issues
www.tandfonline.com [PDF]
… Agency (HFA), considers going concern as one of the criteria to qualify an NPO for … the Federal Audit Clearinghouse (FAC) database and the National Center for Charitable Statistics (NCCS … digitized files in the NCCS database contain necessary financial data on public charities …

The conundrum of fundraising in nonprofit organizations: A story from IrelandThe conundrum of fundraising in nonprofit organizations: A story from Ireland
www.tandfonline.com [PDF]
… Agency (HFA), considers going concern as one of the criteria to qualify an NPO for … the Federal Audit Clearinghouse (FAC) database and the National Center for Charitable Statistics (NCCS … digitized files in the NCCS database contain necessary financial data on public charities …



Q&A About Qualified Charitable Organization


How does one qualify for tax-exempt status?

One must be operated exclusively for religious, charitable, scientific, literary or educational purposes, or for the prevention of cruelty to animals or children, or the development of amateur sports.

What is a qualified charitable organization?

A qualified charitable organization is an organization that qualifies for tax-exempt status according to the U.S. Treasury.

What type of organizations do not qualify as a qualified charitable organization?

Organizations that do not qualify are considered for-profit and are taxed accordingly.

Are donations made to a qualified charitable organization considered tax deductible?

Yes they are considered tax deductible.

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