Legal Way to Set Up a Nonprofit Tax-Exempt Church – Is St Ignatious Loyola Church A 508c1a Ministry
Matthew 5:15 says, No one lights a lamp, then sets it under a basket. Instead, a lamp is placed on a stand, where it gives light to everyone in the house.
I would like to share with you briefly the value of forming your religious organization as a church, some examples of IRS approved churches, and the best way to form a church.
Why do you need church status for your own ministry?
The worth of your church in contrast to some other nonprofit is better rights, and fewer restrictions.
First, churches do not file income tax returns. The rest of the nonprofits do.
Second, churches do not have to provide records of receipts, disbursements, nor do they must give testimony under oath, of these statements like all other nonprofits do.
Third, churches have special audit protections, where each of other nonprofits don’t.
In case you were wondering if your organization can qualify, here’s some 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 most significant 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 subsequently changed the organization to church status.
Focus on The Family, a ministry that provides advice and counseling 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 not any statute anywhere that states a church is required to 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 crucial to what it can and cannot do.
The ideal way to form your church is a 508c1a since it does not wave rights and have speech limitations, when compared with 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 in the world.
Contact us to get started today.