Exempt Organization Analyze the major requirements for an entity to qualify as exempt. Explain the manner in which these requirements help support the entity and its goals. From the e-Activity, describe the details of the example that you researched, examining the key reasons why this organization qualifies as tax exempt. Provide support for your findings.

Analyze the major requirements for an entity to qualify as exempt. Explain the manner in which these requirements help support the entity and its goals. IRS Definition of Tax-Exempt The IRS outlines the requirements for tax-exempt entities in Section 501c of the Internal Revenue Code. According to the code, an entity must meet two major requirements to qualify for tax-exempt status. It must be organized to operate primarily for...