The organization may not make a distributable profit or operate in a way that results in private gain. The following types of charitable organizations receive specific mention in the Property Tax Code and are exempt from school property taxes if they meet certain qualifications. Youth spiritual, mental, and physical development organizations Property owned and used exclusively by qualified associations promoting youth spiritual, mental, and physical development are exempt from property taxes. Some property owned by a qualified religious organization may qualify for a property tax exemption. An organization must first show that it qualifies before any of its property is entitled to an exemption.
Eligible property includes places of worship and residences of clergy.
11.21 Private schools Property owned and used by a nonprofit private school may be exempt from taxation. 11.22 Disabled veterans Disabled veterans and their surviving spouses or children may apply for a partial exemption to one designated property. The qualified individual must own the property and designate it for the exemption. A disabled veteran can designate a property other than a home. However, most disabled veterans do designate the homestead property for this exemption.