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CERTIFICATION of FOREIGN SOURCE INCOME Drexel University Drexel Form
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People also ask
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Are university student organizations tax-exempt?
Drexel University is a non-profit, educational corporation incorporated in the Commonwealth of Pennsylvania. The University is responsible for complying with federal, state and local tax laws. Generally, the University is exempt under IRC §501(c)(3) from federal and state income tax.
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Is Drexel a 501c3 organization?
501(c)(3) Drexel University / Tax deductibility code
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Is Drexel University tax exempt?
501(c)(3) Drexel University / Tax deductibility code
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Are university purchases tax-exempt?
Student organizations are not Federally Tax-Exempt Non-profit Organizations. Only the federal government can confer charitable status on an organization.
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Are school organizations tax-exempt?
Because higher education institutions provide the public good of education, they are designated 501(c) (3) charitable organizations by the Internal Revenue Service, and most of their property holdings are exempt from taxation.
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How do I contact Drexel University International Admissions?
Generally, the University is exempt under IRC §501(c)(3) from federal and state income tax. However, certain activities may result in unrelated business income, which is subject to federal income tax.
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