Why file 501(c)(3) Status?

The IRS determination letter is official recognition of federal income tax exemption under 501(c)(3). Having this letter allows your donors to claim their charitable gifts to your organization on their tax returns, bestows a number of benefits upon your organization, and adds credibility to your mission. The amount of time it takes to become a 501(c)(3) tax-exempt organization depends on several factors: which form you file, the completeness of the information you provide to the IRS, and your organization's preparation.
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מאמרים קשורים

Using Form 1023 to File

If you file Form 1023, the average IRS processing time is 3-6 months. Processing times of 9 or 12...

Using Form 1023-EZ to File

If you file Form 1023-EZ, the average IRS processing time is 2-4 weeks. Applicants essentially...

Completeness and Accuracy of Information

The IRS has very specific requirements for completing and filing both Form 1023 and Form 1023-EZ....

Your Organization's Preparation

To avoid delays in obtaining 501(c) tax-exempt status fast, you simply should be prepared. Read...