Non-profit compliance

What can jeopardize 501c3 status? Earning too much income generated from unrelated activities can jeopardize an organization’s 501(c)(3) tax-exempt status. This income comes from a regularly carried- on trade or business that is not substantially related to the organization’s exempt purpose. Read more on www.irs.gov In the US, charitable organizations strive to get the coveted … Read more

How do you lose your non-profit status? “”The act requires that all tax-exempt organizations-except churches and church-related organizations-must file an annual return with the IRS. And if they don’t do so for three consecutive years, they automatically lose their exempt status.”” Read more on nonprofitrisk.org Governmental tax exemptions are given to non-profit organizations since they … Read more