What does it take for a nonprofit to be granted tax-exempt status by the IRS? You will first need to complete IRS Form 1023, detailing your organization’s bylaws, articles of incorporation, policies and procedures, a financial statement, officers, and compensation, if any: http://www.irs.gov/pub/irs-pdf/f1023.pdf

 

For applicants not well-versed in completing Form 1023, the IRS estimates a completion time of 200+ hours:

 

Once submitted, the IRS will review your organization’s application and respond in one of several ways:

 

The approval process takes a minimum of six months, but will take substantially longer if any route other than the second is followed.

 

If you have questions about this process, or to ensure that your organization obtains its tax-exempt status quickly and easily, contact Keep Me Tax Free http://keepmetaxfree.com/contact-us/.

 

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