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In many countries, non may apply for tax-exempt status, so that the organization itself may be exempt from tax and other taxes. In the United States, to be exempt from federal taxes, the organization must meet the requirements set forth in the Internal Revenue Code. Granting nonprofit status is done by the state, while granting tax-exempt designation (such as 501(c)(3)) is granted by the federal government via the IRS. This means that not all non are eligible to be tax-exempt. NPOs use the model of a double bottom line in that furthering their cause is more important than making a profit, though both are needed to ensure the organization's sustainability. By jurisdiction Australia In Australia, nonprofit organizations include tre unions, charitable entities, co-operatives, universities and hospitals, mutual societies, grass-root and support groups, political parties, religious groups, incorporated associations, not-for-profit companies, trusts and more. Furthermore, they operate across a multitude of domains and industries, from health, employment, disability and other human services to local sporting clubs, unions, and research institutes. A nonprofit organization in Australia can choose from a number of s depending on the needs and activities of the organization: co-operative, company limited by , unincorporated association, incorporated association (by the Associations Incorporation Act 1985) or incorporated association or council (by the Commonwealth Aboriginal Councils and Associations Act 1976). From an acemic perspective, social enterprise is, for the most part, considered a sub-set of the nonprofit sector as typiy they too are concerned with a purpose relating to a public good. However, these are not bound to to a nonprofit structure, and many incorporate and operate as for-profit entities. In Australia, nonprofit organizations are primarily established in one of three ways: companies limited by , trusts, and incorporated associations. However, the incorporated association is typiy used by organizations intending to operate within one Australian state jurisdiction. Nonprofit organizations seeking to establish a presence across Australia typiy consider incorporating as a company or as a trust. Belgium |