3. which of the following is the irs designation for a qualified charitable organization? 501(c)(3)…

3. which of the following is the irs designation for a qualified charitable organization? 501(c)(3) 501(c)(5) 501(c)(4) 501(c)(2)

3. which of the following is the irs designation for a qualified charitable organization? 501(c)(3) 501(c)(5) 501(c)(4) 501(c)(2)

Answer

Brief Explanations:

The IRS designates 501(c)(3) organizations as qualified charitable organizations. These organizations are eligible for certain tax - exemptions and donors may be able to deduct contributions made to them. 501(c)(5) are labor, agricultural, or horticultural organizations, 501(c)(4) are civic leagues and social welfare organizations, and 501(c)(2) are title - holding corporations for exempt organizations.

Answer:

A. 501(c)(3)