How much does it cost to start 501c3? - 2 views

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  #1 steveharry39 on 12 Mar 23

   

  Setting up a 501c3 organizationwill start with filing form 1023, which costs$600. There is a shorter form available to smaller organizations that costs only $275. You may wish to hire a CPA to help fill these out, who may charge anywhere from $2,500 to $15,000 depending on the size of the operation.
  
  Pro: Tax Exemption. The chief benefit of a 501 (c) (3) is that it is generally exempt from paying tax on its income.
  Pro: Tax-Deductible Donations. Most donations made to a 501 (c) (3) can be used as a tax deduction by the donor.

   

  <div class="cArrow"> </div><div class="cContentInner">Setting up a <a rel="nofollow" href="http://charityappnow.com/">501c3</a> organizationwill start with filing form 1023, which costs$600. There is a shorter form available to smaller organizations that costs only $275. You may wish to hire a CPA to help fill these out, who may charge anywhere from $2,500 to $15,000 depending on the size of the operation. <br /> <br /> Pro: Tax Exemption. The chief benefit of a 501 (c) (3) is that it is generally exempt from paying tax on its income. <br /> Pro: Tax-Deductible Donations. Most donations made to a 501 (c) (3) can be used as a tax deduction by the donor.</div>

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