The benefits of 501c3 status for nonprofits

What is 501c3 status? How is it different from being a nonprofit? In this video, I'm sharing more information about 501c3 status and 3 benefits of having this status as a nonprofit organization. Here's the breakdown:

00:00 Introduction
06:10 benefits of 501c3 status
06:22 - to obtain grants
08:13 - donor write-offs
01:08 - credibility

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The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the video's topic, or any other legal matter, consult with an attorney or tax professional in your area.

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