LegalZoom Nonprofit Corporation Setup DIY

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Forming a nonprofit is a great way to support a worthwhile cause. As a nonprofit, you are eligible to receive private and public grants and apply for tax-exempt status from the IRS. Plus, if the IRS grants tax-exempt status, you'll be able to solicit tax-deductible donations, which are critical to your fundraising efforts. Nonprofit recognition also reassures potential donors that you are a legitimate organization.

 

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Obtaining 501(c)(3) tax-exempt status is an important step in forming a nonprofit corporation. However, the process of applying for tax-exempt status can be complicated. The IRS estimates it takes the average person more than five hours to learn about federal tax-exempt Form 1023 for 501(c)(3) nonprofit organizations and another nine hours to fill it out and return it.** LegalZoom will take the complexity out of the paperwork.

The process starts by answering a series of questions online. We then create the 501(c)(3) application and ship the documents to you. Depending on how complex your nonprofit organization is and how soon you need the application done, we can process your application in as few as seven business days. One of the most notable benefits of becoming a 501(c)(3) organization is that income earned is exempt from federal income tax.

In addition, 501(c)(3) organizations are qualified to receive private and public grants. Get started on your 501(c)(3) application today. We’ll take care of the details so you can focus on the things that matter most to you.

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