Would starting a non-profit organization still pay the bills?
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How do people who own them/start them up afford to create them? Is the motivation for starting a non-profit organization to help others or provide a service you cannot or do not ...show more
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Answer:
Millions of people work for nonprofits in the US. But creating one does not guarantee that it will raise any money. That's hard work and it will take a while before you raise enough to provide the services and pay the expenses of the organization, and pay any employees.
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Other answers
You can go to the IRS site and get guidelines to write up a 501c3 proposal. You will have to tell them what you are planning and how you plan to do it. You can get all of it done for less than 500.00. As for monetarily benefiting, there are regulations that prohibit self dealing, but you can take a reasonable salary for your efforts. Remember that once a year you have to file a 990 which details all of your contributions and expenses.
just wondering??
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