What are the benefits of having an IPC status?
Charities with IPC status are able to issue tax-deduction receipts for qualifying donations received from donors. In other words, donors are given tax deduction for qualifying donations made to an IPC.
Currently, donors are given a tax deduction of 2.5 times for the donations made to IPC.
Related questions
Will the donation received through an auction held by an IPC qualify donors for tax deduction?
What types of donations to IPCs are eligible for tax deduction?
What is an Institution of a Public Character (IPC) status?
What are the considerations that IPCs need to take when issuing tax-deduction receipts (TDRs) to donors on qualifying donations received?
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