Enrolled Agent Exam [Part 2] 87, Section 501(c)(3) — Public Charity vs Private Foundation

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - That all 501(c)(3) organizations are considered private foundations by default unless they can prove they qualify for public charity status. - Which types of organizations, such as churches, schools, and hospitals, are automatically classified as public charities. - How the one-third public support test is used to determine if an organization q...