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Grammarians would likely argue that use of the term in it's hyphenated form indicates its placement as an adjective, describing a following noun. For example, the non-profit business model is growing in its popularity. In its unhyphenated form, the term is used as a noun.
501(c)(3) is just one category of 501(c) organizations, but it is the primary nonprofit status through which donations made to the organization are tax-deductible. 501(c)(3) status is regulated and administered by the US Department of Treasury through the Internal Revenue Service.
“Non-profit” (Hyphenated): British English and Other Varieties: In British English and other forms of English outside the U.S., “non-profit” is often used with a hyphen. Certain Style Guides: Some style guides, particularly those that are not American, might recommend “non-profit” with a hyphen.
501(c)(3) entities are typically classified into three major categories: Public Charities: These receive a significant portion of their income from the public or governmental grants. Examples include churches, schools, hospitals, and broadly-supported charities.
How to Start a Nonprofit in California Name Your Organization. Choose a California nonprofit corporation structure. Recruit Incorporators and Initial Directors. Appoint a Registered Agent. Prepare and File Articles of Incorporation. File Initial Report. Obtain an Employer Identification Number (EIN) ... Store Nonprofit Records.