Best Way to Build a Nonprofit Tax-Exempt Church – Maranatha Bible Church 508c1a Movement
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 would like to share with you briefly the worth of forming your religious organization as a church, some examples of IRS approved churches, and the ideal method to form a church.
Why is it that you need church status for your own ministry?
The worth of your church compared to some other nonprofit is better rights, and less restrictions.
First, churches do not file income tax returns. All other nonprofits do.
Second, churches do not have to supply records of receipts, disbursements, nor do they have to give testimony under oath, of these statements such as the rest of the nonprofits do.
Third, churches have special audit protections, where each of other nonprofits do not.
In case you’re wondering if your organization can qualify, here is 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 then changed the organization to church status.
Focus on The Family, a ministry that provides guidance and counseling on parenting, marriage and other subjects through radio, books and social media.
The law firm, Liberty Counsel, an integrated auxiliary of Thomas Road Baptist Church.
Apart from the different kinds of churches, there are various ways to organize a church.
There is 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 vital to what it can and can’t do.
The best way to register your church is a 508c1a because it does not wave rights and 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 everybody in the world.
Contact us to get started today.