Nonprofit organizations, associations and corporations are companies that do not have profit as their primary motivation. If you are considering starting a non-profit, you must make sure that you meet federal requirements (in other words, that can demonstrate that they have charitable, religious, scientific, educational or cultural purposes).
Qualifying as a nonprofit will allow you to apply for tax-exempt status with the IRS under section 501(c)(3) of the Internal Revenue Code, and prevent your company from being taxed by the federal government. Nonprofits can also apply at the state and local levels for exemption from income, sales, and property taxes. However, nonprofits should be sure to comply with state or local charitable solicitation laws, which usually require obtaining a permit or license and filing an annual report and financial statement.
Find detailed instructions and resources for starting a nonprofit to ensure that your organization reaps the benefits of nonprofit status, while meeting the requirements that go along with it. Research and understand how to start a foundation, and decide whether you’d like to register as a non-profit corporation or unincorporated association, and browse necessary documents, such as Non-Profit Bylaws and Articles of Incorporation. Use a Nonprofit Business and Marketing Plans to help assure you make the most of the limited resources and donations your Nonprofit is working with, and secure your ability to do the most good.