Best Way to Start a Nonprofit Tax-Exempt Ministry – Can A 508c1a Movement Church Thrift Store Buy Merchandise To Sell
Matthew 5:15 says, No one lights a lamp, then puts it under a basket. Rather, a lamp is placed on a stand, where it gives light to everyone in the house.
I want to share with you briefly the value of forming your Christian organization as a church, some examples of IRS approved churches, and also the ideal method to form a church.
Why do you need church status for your own ministry?
The worth of your church compared 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 do not need to supply records of receipts, disbursements, nor do they have to give testimony under oath, of such statements such as the rest of the nonprofits do.
Third, churches have particular audit protections, where each of other nonprofits do not.
In case you’re wondering if your organization can qualify, here is 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 donations.
Young Life, a non-denominational church which focuses on youth and meet at recreation places.
The Billy Graham evangelical Association, one of the largest evangelism ministries in America approved for association of churches in 2016. After 66 years of operation as a nonprofit they had been audited by the IRS and then changed the organization to church status.
Focus on The Family, a ministry that provides 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 says a church is required to be a 501c3.
A church could be organized as a 501c3, a 501c4, a 501d, a for-profit company or 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 also have speech limitations, when compared with all other nonprofits.
We specialize in 508c1a registration and formation. As a lampstand holds a candle to be a light to everyone, a 508c1a holds your ministry to be a light to everybody in the world.
Contact us to begin today.