Simplest Method to Start a Nonprofit Tax-Exempt Ministry – Can A 501c3 Church Thrift Store Buy Merchandise To Sell
Matthew 5:15 says, No one lights a lamp, and then puts it under a basket. Instead, a lamp is placed on a stand, where it gives light to everyone in the house.
I want to share with you briefly the worth of forming your religious organization as a church, a few examples of IRS approved churches, and also the best method to register a church.
Why do you need church status for your own ministry?
The value of your church in contrast to any other nonprofit is better rights, and less constraints.
First, churches do not file income tax returns. The rest of the nonprofits do.
Second, churches don’t have to provide records of receipts, disbursements, nor do they must give testimony under oath, of such statements such as all other nonprofits do.
Third, churches have particular audit protections, where each of other nonprofits do not.
In case you were wondering if your organization can qualify, here’s a few examples of
IRS approved churches and church ministries:
The Salvation Army. Since 1958, classified as a church and association of churches, their principal income comes from thrift sales and contributions.
Young Life, a non-denominational church that focuses on youth and meet at recreation areas.
The Billy Graham evangelical Association, among the largest evangelism ministries in America accepted for association of churches in 2016. After 66 years of operation as a nonprofit they were audited by the IRS and subsequently changed the organization to church status.
Focus on The Family, a ministry that offers advice and counselling on marriage,
parenting and other topics through radio, books and social media.
The law firm, Liberty Counsel, an integrated auxiliary of Thomas Road Baptist Church.
Besides the various kinds of churches, there are various ways to organize a church.
There’s no statute anywhere that states a church must be a 501c3.
A church could be organized as a 501c3, a 501c4, a 501d, a for-profit corporation or even a 508c1a.
How your church is organized is vital to what it can and cannot do.
The ideal way to start your church would be a 508c1a since it doesn’t wave rights and have speech restrictions, compared to all other nonprofits.
We specialize in 508c1a formation and registration. As a lampstand holds a candle to be a light to everyone, a 508c1a holds your ministry to be a light to everyone on earth.
Contact us to begin today.