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.