Qualifying as a Public Charity | Practical Law

Qualifying as a Public Charity | Practical Law

A Practice Note providing an overview of the requirements for qualifying as a public charity under the Internal Revenue Code (IRC). This Note addresses the public support test and gross receipts test for public charity classification. It also addresses other types of entities that avoid private foundation status, such as per se public charities and supporting organizations.

Qualifying as a Public Charity

Practical Law Practice Note w-029-0748 (Approx. 11 pages)

Qualifying as a Public Charity

by Kevin E. Roe, Simpson Thacher & Bartlett LLP, with Practical Law Corporate & Securities
MaintainedUSA (National/Federal)
A Practice Note providing an overview of the requirements for qualifying as a public charity under the Internal Revenue Code (IRC). This Note addresses the public support test and gross receipts test for public charity classification. It also addresses other types of entities that avoid private foundation status, such as per se public charities and supporting organizations.