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What’s the Risk of Starting a Nonprofit?

NonProfit Hub

The state with the fewest charities per person is Utah, with one for every 546 people; Nevada, Mississippi, Arizona and South Carolina also make up the bottom five. This includes the subcategories of employment, housing, public safety, etc. A 2016 study showed that Washington D.C. percent of all nonprofits.

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A Jargon-Free Guide to Low-Profit Limited Liability Companies (L3C)

NonProfit Hub

So you want to start an organization that benefits a specific cause. Or is something that benefits both the owners and the cause more up your alley? An L3C, though, is a hybrid of an LLC and nonprofit business model, which is where an organization operates to benefit the general public without shareholders and without a profit motive.