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Who is exempt from filing an Institution of Purely Public Charity Registration Statement?

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Who is exempt from filing an Institution of Purely Public Charity Registration Statement?

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The only two exemptions from the Institutions of Purely Public Charity Act are: 1) Bona fide duly constituted religious institutions and such separate groups or corporations which form an integral part of a religious institution and are exempt from filing an annual IRS 990 Return and 2) an institution of purely public charity which receives contributions of less than $25,000 per year provided that the institution’s program service revenue does not equal or exceed $5,000,000.

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