Things to know about the 501c3 Form for the church

Author: Milly Smith

The process to apply for a 501c3 form for church is considered to be very complex than it is thought to be. Majority of people are aware that this form is used by churches for getting tax reliefs. However, this is just the basic portion of it. Even organizations, foundations, community chest funds and corporations use it for educational, literary, religious, scientific and charitable purposes.

The purpose may be anything from promoting amateur sports and in some cases researching as well. The section 501c3 incorporates various categories. There is a major portion of society that doesn’t know as to how to get 501c3 for a church and how to fill it out.

Are you setting up non-profit corporations? You might definitely be confused if you are not aware as to where should you start. Paying someone else for filling out the forms is definitely not a wise option. A person with a good legal background must be consulted, as he could help the most. However, if you don’t know how to fill it out, seeking help is definitely a very convenient option. Some church consultants end up doing a balancing act. Most of the time, the purpose is non-profit, but for achieving this purpose, lot of money is blown away while setting it up.

With the 501c3 form for the church, lots of purposes can be solved. A non-profit organization can also be formed. Non-profit organizations enjoy many advantages since no external interference is seen. The paperwork that is needed for filing the application is very costly and complex. However, this is the case only if someone is being paid for doing the filing.

The IRS would ask you to collect several documents and fill up the 1023 form, with completion of several formalities. The charges of IRS range from $400 to $850 per application. Generally, it is recommended to seek personal help since filling up these forms is quite complex and one cannot fill it up on his own.

It might take couple of weeks or couple of months for filling up the form 1023. Usually, applicants are of the opinion that once the form is filled, tax exempt status can be obtained just within few days. The tax exemption process is very serious and several months may be taken for processing and review of IRS. Some essential factors that can have an effect on the processing time of the IRS are:

  • The type of tax exemption application that is submitted
  • The completeness of that application
  • Present workload of the reviewers.

With this 501c3 form for the church, the federal government gets permission to regulate the church in its political and religious activities.

Author Bio: The writer is an expert in the field of 501c3 form for church with focus on ChurchNet USA.