Many nonprofit groups hold bingo games and raffles to raise money to support their philanthropic missions. The state of Michigan, like many other states, classifies raffles and other charitable contests as games of chance. As such, raffles are ...

Organizations described in section 501(c)(3) of the U.S. Tax code from the Internal Revenue Service (IRS) are commonly referred to as nonprofit or charitable organizations. 501C3 organizations are eligible to receive tax-deductible contributions in ...

Sometimes the Internal Revenue Service and basic human kindness find common ground. The federal government classifies animal rescue operations and shelters as “not for profit” organizations.