Non Profit Charity
The first step in starting a non profit charity is of course deciding what kind of charity you want to start. Starting any type of charity demands hard work, dedication, plenty of patience and most importantly a great deal of your time. Most non profit charities are centered around community services and essentially belong to the community.
Non profit charities today face so many challenges with the increasing challenge to gain donor funds. Even so, there are many in place all around you, or either not enough. Non profit charities include hospitals, youth programs, animal rights groups, health care centers, human rights groups, military groups, and emergency relief groups such as Red Cross. A few well known charities are St. Jude’s Children’s Research Hospital, Save The Children, Goodwill, SADD, and Special Olympics. All these organization depend on donations in order to stay up and running and keep supplies needed to continue treatments and research. They play a huge role in millions of lives and without them many people would be at a loss.
If you are interested in starting your own non profit charity organization keep in mind that the hardest part of running a non profit is sustaining through the hard times. It can be a daunting task. You would definately want to do some type of research to ensure that you are not be copying someone else’s efforts. People want to be sure that their contributions are not being wasted, and that your efforts are actually effective. It can even be as simple as just getting a group of people together and start going around doing stuff.
However, if you are looking for a more independent status, like examples I gave before, you can form your own corporation. The first step would be to fill out an application at your Secretary of State’s office. And if you would like tax exempt status, you would of course have to report to the IRS. What this would mean is that your organization would not have to pay taxes on the money that it makes. It would also mean that donors who gift to your organization can claim it as a tax credit on their taxable income, This is often a big seller with donors.