CHARITABLE ORGANIZATIONS
A charitable organization is an organization formed purely to perform charitable activities, e.g. hospitals, synagogues, universities, museums, etc.
Charitable organizations (501(c)(3)’s) in the United States are entitled to accept donations from the public. They are also empowered to issue receipts which taxpayers can use to reduce their tax burden.
To become recognized as a charitable organization the charity must first apply for recognition as a charity with the New York State Department of State.
Provided that one receives explicit notice from NYS Dept. of State that they are classified as a charity under state law, the charity must then proceed to apply for charitable recognition with the IRS and receive 501(c)(3) designation before being permitted to issue receipts for donations.
The process of becoming recognized as a charity capable of issuing receipts is one which can be complicated and overwhelming.
An IRS & New York State Tax Defense Attorney can help guide you through the complicated and confusing process and make sure that you receive 501(c)(3) recognition.
Call us now for your free consultation at (800) 538-3649.