For a church to qualify for tax-exempt status, and be able to accept tax-deductible contributions, it must meet certain requirements:
  • the organization must be organized and operated exclusively for religious, educational, scientific or other charitable purposes
  • net earnings may not inure to the benefit of any private individual or shareholder
  • no substantial part of its activity may be attempting to influence legislation
  • the organization may not intervene in political campaigns
  • the organization’s purposes and activities may not be illegal or violate fundamental public policy
Ellsworth & Associates can help you properly obtain tax-exempt status and make sure you keep that status. You must meet the recordkeeping, filing, and disclosure requirements dictated by the IRS in order to be a tax-exempt organization. This isn't something to take lightly. It's remarkably easy to lose your tax-exempt status once you've obtained it. There is no better way to make sure every "I" is dotted and every "T" is cross than to turn to tax professionals who know the tax laws that apply to your non-profit inside and out.
Does your church qualify? We would be glad to help you determine your eligibility or keep your existing tax-exempt status. Contact us today to learn about your options.
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