501c3


Besides conducting related business activity and earning income through passive strategies, nonprofits can simply earn income through unrelated business activity. Unrelated business activity is exactly what it sounds like: activity a nonprofit conducts that has nothing to do with its charitable purposes. More accurately unrelated business income is  income generated from activity that is: A trade or business (the IRS defines any activity designed to raise income from the sale of goods or performance of services as a trade or business); Regularly carried on (isolated sales or even sporadic activity may not be considered “regularly carried on”); and Not......

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