Will an organisation which carries out for-profit activities; where part of the profit are channeled to charitable purposes (i.e. welfare fund for the needy), qualify to register as a charity?

Question

Accepted Answer

Only organisations with exclusively charitable purposes will qualify to apply for charity status.

Will an organisation which carries out for-profit activities; where part of the profit are channeled to charitable purposes (i.e. welfare fund for the needy), qualify to register as a charity?

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What is a charity?

Can an organisation apply for charity status beyond three months of its establishment?

What constitutes exclusively charitable purposes?

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