What is the principal advantage of having 501((3) status to an organization that receives substantial support from outside contributors?
A)	The organization does not have to pay federal income tax.
B)	Donors to the organization may deduct their contributions as charitable donations.
C)	The organization does not have to pay state sales taxes on purchases.
D)	All of the above.
Answer:B
What is the principal advantage of having 501((3) status to an organization that receives substantial support from outside contributors?
A)	The organization does not have to pay federal income tax. B)	Donors to the organization may deduct their contributions as charitable donations. C)	The organization does not have to pay state sales taxes on purchases. D)	All of the above.