Consider the following rhombus ABCD, where diagonals AD and BC intersect at O. In a rhombus all sides are equal and opposite sides are parallel. Further a rhombus is also a parallelgram and hence exhibits properties of a parallelogram andwe use that diagonals of a parallelogram bisect each other. Hence in #DeltasABP# and #BCO#, we have. #AO=CO# - diagonals of a parallelogram bisect each other. #AB=BC# - sides of a rhombus
If an unincorporated associationâs purpose is charitable, educational, and/or scientific in nature, it can qualify as a Section 501(c)(3) organization (also called a public charity).Contributions to Section 501(c)(3)s are tax deductible.f an unincorporated associationâs purpose is charitable, educational, and/or scientific in nature, it can qualify as a Section 501(c)(3) organization (also called a public charity).
Ironically, of the three organization tax designations in questionâ501(c)3, 501(c)4, and 527â only 501(c)4 allows for a group to self-declare their status without first filing with the IRS. The advantage to filing is official recognition, which is only necessary if an outsider challenges the groupâs 501(c)4 status.ll of these organizations, the 501(c)3, the 501(c)4, and the 527, are tax-exempt, each is bound by different rules. Along with the point that 501(c)(4) can campaign, but are taxed for doing so, its not clear to me that there are any tax advantages at issue here.