Each year, the IRS Determination Department receives approximately 60,000 applications requesting tax exempt status. Applications undergo a technical screening process, where seasoned revenue agents review and separate applications into 4 categories:
1) Applications that can be approved immediately based on the completeness of the application information submitted
2) Applications that need only minor additional information in order to approve the application
3) Applications that do not contain the information needed to be considered substantially complete
4) Applications that require further development by an agent in order to determine whether they meet tax exempt requirements
Since the IRS spends at least 90 days approving an application, it behooves nonprofits to submit applications that can be approved as quickly as possible.
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