Once the IRS recognizes an organization's tax-exempt, public charity status, subsequent reporting requirements vary. Most religious organizations are not required to file annual information returns, nor are organizations whose gross receipts are less than $25,000 per year. The majority of recognized charities fall into one of these two groups. All other organizations are required to file an annual information return:
Form 990 is available for public inspection and, for some people, serves as the primary or sole source of information about a particular organization. How the public perceives an organization in such cases may be determined by the information presented on its return. Therefore, please make sure the return is complete and accurate and fully describes, in Part III, the organization's programs and accomplishments.
GuideStar is a 501(c)(3) nonprofit organization. Copyright © 2014, GuideStar USA, Inc. All rights reserved.