501 C3 Status

Applying for 501(c) tax exemption can feel like the most daunting step in bringing your nonprofit dream into reality, but obtaining tax exemption comes with many benefits. For example, you will be able to apply for grants and grow your fundraising success in addition to being exempt from IRS income tax. 

501(c) is the chapter of the Internal Revenue Code that regulates nonprofit organizations. Like others, you may be most familiar with 501(c)(3) nonprofits, including charities and foundations. 501(c)(3) nonprofits apply using Form 1023 or Form 1023-EZ. Our team of experts at Rubio & Son will review the criteria for each application and ensure that you meet the eligibility requirements set out by the IRS. 

Completing the federal application for tax exemption is significantly easier with the assistance and support of a professional. Our nonprofit experts possess the necessary expertise to ensure the correct application is being used and is completed accurately. 

A well-prepared application takes time–over 100 hours by IRS estimates–so put yourself on the path to success by contacting us to walk alongside you in the journey – from start to tax-exempt finish!

Schedule your tax and bookkeeping consultation today!