IRS doesn't consider software development a charitable act
This is correct AFAIK and Mozilla ran into the same thing years ago. Educational charities can be tax-exempt so you have to have an educational mission and develop software on the side. https://blogs.gnome.org/jnelson/2014/06/30/the-new-501c3-and...
Re:The Future of Libjpeg-Turbo
by TaylorAlexander on Sunday January 10, 2021 @11:14PM
(#25724400)
Fantastic link thank you, I am reading it now!
So Open Collective has another fiscal host for charities and those donations are tax deductible, and I'm now trying to figure out what the difference really is as I'd like to set up my own charitable organization to fund a farming robot I am developing.
Anyway I could almost just say Libjpeg-turbo could set up an opencollective as their whole mission is to solve the paperwork problem for open source projects, but for whatever reason their open source software donations aren't actually tax deductible...
Does anyone here know about this IRS issue?