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Charitable Organizations

1

A charitable organization is a type of non-profit organization.

A nonprofit organization is an organization with the purpose of which is something other than making a profit.

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2

It differs from other types of NPOs in that it centers on philanthropic goals as well as social well-being.

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3

The legal definition of charitable organization varies according to the country and in some instances the region of the country in which the charitable organization operates.

4

The regulation, tax treatment, and the way in which charity law affects charitable organizations also varies.

5

Financial figures are important indicators to assess the financial sustainability of a charity, especially to charity evaluators.

A charity evaluator is an organization, normally non-profit, that focuses on assessing charities.

6

This information can impact a charity's reputation with donors and societies, and thus, the charity's financial gains.

7

Charitable organizations often depend partly on donations from for-profit-organizations.

8

Such donations to charitable organizations represent a major form of corporate philanthropy.

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