Fastest Way to Form a Nonprofit Tax-Exempt Christian Organization – Is The Church Of Pentecostal A 508c1a Faith Based Organization
Matthew 5:15 says, No one lights a lamp, 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 way to form a church.
Why do you want church status for your ministry?
The worth of your church in contrast to some other nonprofit is greater rights, and less restrictions.
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 must provide testimony under oath, of such statements such as all other nonprofits do.
Third, churches have special audit protections, where all other nonprofits do not.
In case you’re wondering if your organization may 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 areas.
The Billy Graham evangelical Association, among the most significant evangelism ministries in America accepted 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 offers guidance and counseling on parenting, marriage and other topics through radio, books and social media.
The law firm, Liberty Counsel, an integrated auxiliary of Thomas Road Baptist Church.
Apart from the various kinds of churches, there are various ways to organize a church.
There is not any statute anywhere that says a church must be a 501c3.
A church could be organized as a 501c3, a 501c4, a 501d, a for-profit corporation or a 508c1a.
How your church is organized is crucial to what it can and cannot do.
The best way to start your church would be a 508c1a because it does not wave rights and also have speech restrictions, when compared with all other nonprofits.
We specialize in 508c1a formation and registration. Just 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.