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This document is an application to the IRS for organizations seeking recognition of tax exemption under Section 501(c)(3) of the Internal Revenue Code.
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How to fill out form 1023

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How to fill out Form 1023

01
Download Form 1023 from the IRS website.
02
Read the instructions carefully before starting the application.
03
Provide your organization's name, address, and EIN (Employer Identification Number).
04
Complete Part I to identify the organization and its legal structure.
05
Fill out Part II with your organization’s purpose and activities.
06
Complete Part III to provide detailed information about the organization's members and governing body.
07
Answer questions in Part IV to describe your organization's operational and financial history.
08
Complete Part V to explain how your organization's activities align with 501(c)(3) status requirements.
09
Attach required schedules as specified in the form.
10
Sign and date the form, and retain a copy for your records.
11
Submit the completed form along with the applicable filing fee to the IRS.

Who needs Form 1023?

01
Any organization seeking tax-exempt status under Section 501(c)(3) of the Internal Revenue Code.
02
Nonprofits engaged in charitable, educational, religious, or scientific activities.
03
Organizations that intend to solicit donations and operate as nonprofits.
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People Also Ask about

In either case, your organization will be on the IRS radar, and it could lose its exempt status entirely. Remember too, you are signing the application under penalty of perjury. If you have any expectation of more than $50,000 in revenue, you would be far wiser to file the full Form 1023 now.
If you file Form 1023, the average IRS processing time is 6 months. Processing times of 9 or 12 months are not unheard of. The IRS closely scrutinizes these applications, as the applicants are typically large or complex organizations.
Section 501(c)(3) outlines the qualifications of a tax-exempt organization in certain respects while Form 1023 must be filled out in order to obtain the tax-exempt status. You'll learn the fundamentals of fundraising, writing a mission statement, choosing a board of directors and so much more!
The user fee for: Form 1023 is $600. Form 1023-EZ is $275.
Form 1023 is an application an organization uses for the IRS to issue a determination letter or ruling letter that recognizes an organization's exemption from federal income tax.
Organizations must electronically file this form to apply for recognition of exemption from federal income tax under section 501(c)(3). Note. You may be eligible to file Form 1023-EZ, a streamlined version of the application for recognition of tax exemption.

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Form 1023 is an application form used by organizations to apply for 501(c)(3) tax-exempt status from the Internal Revenue Service (IRS) in the United States.
Organizations that are seeking recognition of tax-exempt status under section 501(c)(3) of the Internal Revenue Code are required to file Form 1023.
To fill out Form 1023, an organization must provide detailed information about its mission, activities, and finances, as well as supporting documents, and submit the completed form along with the appropriate filing fee to the IRS.
The purpose of Form 1023 is to determine whether an organization qualifies for federal tax exemption under section 501(c)(3) and to ensure compliance with relevant regulations.
Form 1023 requires organizations to report information such as their organizational structure, narrative description of activities, financial data, governance policies, and any conflicts of interest.
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