A 501(c)(3) or 501c3 organization, also colloquially known as a 501c3, is a United States nonprofit organization that has been approved by the Internal Revenue Service to be tax-exempt under the terms of section 501(c)(3) of the Internal Revenue Code. Most charitable non-profits in the United States that Americans commonly know of, and often make donations to, are 501(c)(3) organizations.
An approved 501(c)(3) exemption allows donors to the organization to reduce their own taxable incomes by deducting the amounts of their donations given, and thus to reduce their personal income taxes, and it allows the 501(c)(3) organization to avoid federal income taxes on the difference between revenues (donations, grants, service fees) received vs. expenses (wages, supplies, state and local taxes paid, etc.) in its main operations. In a for-profit business, that difference would represent taxable income and be taxed at federal corporate tax rates of 15 to 39 percent. 501c3 status may also provide exemption from state and local corporate income taxes that range from 0 to 12 percent.
We, at Haywood Pathways Center, have seen lives transformed—through prayer, support of staff and volunteers and access to resources for life skills and job searches. We believe, with your help, we have a chance to make a difference for those living in poverty in Haywood County.
We need your help to continue our work. Please support our efforts by sending in your donation today. Haywood Pathways Center is a 501c3 non-profit organization. Your contribution is 100% tax deductible. We are a faith based ministry and, as such, do not seek, nor accept, State or Federal assistance. We rely on individuals, such as you, to enable us to continue this life transforming ministry. For your convenience, donations can be made online or in the enclosed, self-addressed envelope.
Haywood Pathways Center
179 Hemlock Street
Waynesville, North Carolina 28786
Will you help by giving a hand up to someone today—so they are not alone, hungry and cold during this Holiday season?