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IRS and 501(c)

Section 501(c) of the US Internal Revenue Code allows for federal tax exemption of nonprofit organizations. Many states refer to Section 501(c) for definitions of organizations exempt from state taxation as well. 501(c) organizations can receive contributions from individuals, corporations, and unions.

For more information, see: What is 501(c) status?

990 filing information

All nonprofit organizations must file a 990 tax return. It is due 4 months and 15 days following the end of your fiscal year.

For more information, see: IRS Form 990