Does a group have to be a legal Non-Profit to receive PayPal donations?

Question

Are groups allowed to receive online donations via PayPal, without being a registered 501(c)(3)?

Charles M. · Accepted Answer

The issue is not with the use of PayPal; it is whether the donation is tax-deductible. You can transfer money to pretty much anyone with PayPal. Not all donations are tax--deductible.

Does a group have to be a legal Non-Profit to receive PayPal donations?

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Does a group have to be a legal Non-Profit to receive PayPal donations?

1 Expert Answer

Still looking for help? Get the right answer, fast.

OR

RELATED TOPICS

RELATED QUESTIONS

Gen is interested in seeing how the money grows. Her mom suggests that she take the money in her piggy bank....

Find the equivalent rate of interest for a discount rate of 7.5% for 60 days.

how long would it take to pay off a loan of $2,900 at 11% discount when the bank charges $638?

Micheal wants his $3,200 to grow to $4,500 in 3 years. He has a saving account paying simple interest on savings.

Suppose you were given $1000 from your uncle. You deposited that money in a bank and added $70 per month..

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