Charitable organization
An organization whose main goals are philanthropy and social welfare is known as a philanthropic organization or charity (e.g. educational, religious or other activities serving the public interest or common good). There are regional and international differences in the legal definitions of charities and charitable organizations. There are differences in regulation, taxation, and how charity legislation affects charitable organizations. Charitable organizations are prohibited from using any of their funds for the benefit of particular people or entities.

Financial data, such as tax refunds, fundraising income, sales of goods and services, or investment income, are factors that can help charity assessors determine whether a charity is financially sustainable.
This information may have an effect on a charity's standing with donors and society at large, as well as its ability to raise money.

Charitable organizations
frequently rely on corporate donations in part.
Such contributions to nonprofits are a significant type of corporate philanthropy.

A charity must be exclusively formed and run in order to pass the exempt organizational test.

 A nonprofit organization must uphold the public interest and use all exempt income for the public good in order to qualify for and pass the exemption test.

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