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Are there additional requirements if Im forming a 501(c)(3) nonprofit corporation?

April 26, 2017additional corporation nonprofit requirements

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Are there additional requirements if Im forming a 501(c)(3) nonprofit corporation?

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If you intend to apply for IRS federal tax exemption as a charitable organization, your articles of incorporation must contain a required purpose clause and a dissolution of assets provision. Valuable information on 501(c)(3) qualification is on the IRS website, www.irs.gov. It includes sample articles of the incorporation. Click the Charities and Nonprofits link and then scroll down to find the Life Cycle of a Public Charity link.