Non-profit status may make an organization eligible for certain benefits, such as state sales, property, and income tax exemptions; however, this corporate status does not automatically grant exemption from federal income tax. To be tax exempt, most organizations must apply for recognition of exemption from the Internal Revenue Service to obtain a ruling or determination letter recognizing tax exemption.
If you intend to apply to the IRS for recognition of federal tax-exempt status as a charitable organization under section 501(c)(3) of the Internal Revenue Code, your articles of incorporation must contain certain provisions. For more information, see Required Provisions for Organizing Documents.
To be exempt under section 501(c)(3) from the date of creation, an organization must apply within 27 months after the end of the month in which it was created.
To learn about the general requirements for federal tax-exempt status, visit charities or download IRS Publication 557 PDF, Tax Exempt Status for Your Organization.
Although certain types of organizations are not required to apply for recognition of exemption, many do so in order to clarify their tax status. A user fee must accompany an exemption application. The IRS will not process an application until the user fee is paid.
As you look through the information, steps, and forms required by the IRS, please note that TMCI has made this easier for you by doing the filing on your behalf. While you may hear that it takes two months, or eight months, the truth is that the amount of time for 501c3 approval depends on many factors. Through TMCI this process becomes less tedious and as part of the TMCI Group, you are eligible to begin taking donations once we have received your completed application.
IRS Publication 557 (Rev. February 2021) Cat. No. 46573C Tax-Exempt Status for Your Organization
The Missionary Church International