What Is The Difference Between A Charity And Non-Profit? Are you curious about the differences between charities and non-profit organizations? In this enlightening video, we'll explore the key distinctions between these two types of organizations that play a vital role In making a difference In the world.

We'll begin by examining the primary focus of charities, which are a specific type of non-profit organization that provides aid and relief to those In need. We'll then discuss the broader range of non-profit organizations that operate for the public good, even if they don't exclusively focus on charitable activities.

Next, we'll delve into the tax-exempt status of charities and non-profits, highlighting the differences In their classifications under the Internal Revenue Code. We'll also compare their funding sources, from donations and grants for charities to membership dues and sales of goods or services for non-profits.

Lastly, we'll discuss the variations In governance between charities and non-profits, including the roles of boards of directors, membership, or both, depending on the organization's structure.

Join US for this informative discussion and subscribe to our channel for more valuable insights on the roles and functions of charities and non-profit organizations.

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