Recognition of Exemption in the United States

Application for Recognition of Exemption Under § 501 and Tax Law

There are more details about Application for Recognition of Exemption Under § 501 in thetax compilation of the legal Encyclopedia.

Definition of Form 1023 Application for Recognition of Exemption Under Section 501(c)(3)

A concept of Form 1023 Application for Recognition of Exemption Under Section 501(c)(3) applicable in the United States: The IRS form filed by organizations to obtain recognition of exemption from federal income tax under section 501(c)(3) of the Internal Revenue Code. Its filing is mandatory for all charitable organizations that want to be taxexempt, except for religious congregations, certain organizations affiliated with religious congregations, and charitable organizations that have gross receipts in each taxable year of normally not more than $5,000.

Resources

See Also

• Charity
• Foundation
• NGOs