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URL:  http://boards.fool.com/and-besides-if-the-tea-party-orgs-are-obamas-30687209.aspx

Subject:  Re: prez Damage Control Laughable Date:  5/16/2013  12:56 PM
Author:  xLife Number:  1877795 of 1976443

And besides, if the tea party orgs are Obama's political opponents, they're not even eligible for tax-exempt non-profit status.

This is 100% untrue.


No. It's partly untrue. Political orgs can be non-proftits, but file for a 501c4 exemption, not 501c3. (the nature of exemptions are a bit different.) Applying for the wrong one is one reason these apps require more scrutiny.

They can't be connected to a politcial party (ie. Republicans, Democrats, Greens, etc.), but they can sure as hell have opinions about politicians and express them (First Amendment) and be non-profits.

Some tea party groups are connected to a political party. Again, that's a good reason to look at their apps more closely.

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