What Is A Non-Profit Organization?
Non-Profit Organization
What Is A Non-Profit Organization?
  11 Nov'2021

A nonprofit organization is committed to advancing a certain social cause or advocating for a common
point of view. In short, it is a company that has been granted tax-exempt status by the Internal Revenue
Service (IRS) in order to advance a religious, scientific, charitable, educational, literary, public safety, or
cruelty-prevention mission or field of activity. Prior to operating with a tax exemption, an organization
must request 501 (c).
Benefits of Helping Non-Profit Organizations
There is no better and great deed than finding a charity and contributing to society. If you decide to
make a charitable contribution, the following are the benefits of a non-profit organization:
1. Tax Deduction
When donating to a certain charity, you can claim a tax deduction under Section 80G of the income tax
act. This deduction is only available if the donation is provided in the form of a check, draft, or cash.
While an organization created outside of state law can petition for tax-exempt status, it is typically
simpler for a statutory commercial entity (particularly a corporation) to obtain IRS clearance.
To claim this deduction, you must include the following information on your income tax return:
● The Donee's Name
● The Donee's PAN
● The Donee's Address
Donation Amount

2. Restricted Liability
Creditors and courts are restricted by law to the assets of the nonprofit organization. The nonprofit's
debts are not solely accountable to the founders, directors, members, or employees. An individual
cannot utilize an organization to conceal unlawful or irresponsible behavior on his or her behalf.
Furthermore, directors have a fiduciary obligation.
3. Grant Eligibility
Some organizations qualify for public and private grants, making it simpler to get operational cash.
Certain grants and other public allocations, for example, are exclusively accessible to organizations.
Donations are tax-deductible. Individual contributions to nonprofit corporations are tax-deductible.

4. Reliability
A nonprofit organization will have more recognized credibility than an individual or persons attempting
to fulfill their nonprofit goal informally. Because of this credibility, individuals may prefer to donate to
nonprofit organizations.
5. Status as a distinct entity
A nonprofit corporation exists in its own right. It has the authority to enter into its own agreements, sue
and be sued in its own name, and is accountable for its own legal and other responsibilities

Here’s How Narayan Seva Sansthan Contributes
Established in 1985, Narayan Seva Sansthan has worked tirelessly to reach out to and rehabilitate
differently-abled people from the poor sector. With the mission to alleviate infirmities and provide
adequately for different sectors of society, whether it is the health sector or economic rehabilitation for
the poor, they have contributed to society immensely.
Narayan Seva Sansthan is one of the top NGO services in India, having worked for over three decades to
elevate and empower impoverished and specially-abled members of society by free education,
healthcare, food, and skill development. With more than 424350 free corrective operations, the
Sansthan has grown more like a family and home to all patients and guests.
Here's how your contribution helps our non-profit organization support those in need:
● It increases the effectiveness of our non-governmental organization's efforts on the ground.
● Every day, more than 300 patients are evaluated and diagnosed, and there have been so many
successful operations with helpful equipment provided for the poor and needy.
● Narayan Children Academy was founded to offer education to economically underprivileged
children.
● Narayan Seva Sansthan work for a variety of causes, including providing free treatments and
surgeries, skill development, mass wedding ceremonies, and other services to physically
disabled people, has transformed the lives of millions of people.

There’s a Special Joy in Giving Back
We have all considered making a contribution to a worthy cause by giving to an NGO at some point, but
the uncertainty around the influence that our small contribution may have frequently prevents us from
proceeding. However, when you help an NGO like Narayan Seva Sansthan, even a modest contribution
may go a long way.

Once you've decided which charity to support, keep in mind that the quantity of money you provide is
unimportant. All that counts is how you give it. The charity value matching will assist you in being a
better person. We have 480 branches in India and 49 branches overseas. We help people in need via
well-planned and comprehensive programmes in health, education, rehabilitation, corrective
operations, and assistance distribution, making us one of India's most dedicated charitable
organizations.

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