Before you start the 501 (c)(3) application process, it's a good idea to make sure you are eligible to apply for 501 c3 status or tax-exempt status. Then gather the items you need to apply so you have all the documents in one place. To complete your 501(c)(3) application, you will need the following information:
The appropriate legal form for your organization—either Form 1023 or Form 1023-EZ—to fill out. Larger organizations with more than $50,000 a year in gross receipts or more than $250,000 in assets must use the more complicated Form 1023, while smaller nonprofits may use the streamlined form.
An EIN from the IRS to identify your organization.
A copy of your organization's organizing document, such as the articles of incorporation, articles of association, or trust agreement, depending on the legal form of your nonprofit. For exemption under section 501(c)(3), the organizing documents must limit the purpose of the nonprofit to one or more of the exempt purposes outlined in IRS section 501(c)(3). The organizing documents also must contain the dissolution clause required by section 501(c)(3) unless state law satisfies the requirement.
Understanding of your organization's IRS foundation classification. Organizations eligible for 501(c)(3) status must fall into one of two foundation classifications—public charity or private foundation, so you'll need to determine which one fits your nonprofit. Public charities tend to receive many smaller donations from a large number of supporters, while private foundations tend to receive fewer larger donations from a smaller number of supporters. Most nonprofits qualify as public charity.
Required financial data for your organization. The financial information you need to submit will vary depending on the form you use. Form 1023-EZ, for smaller nonprofits, requires much less financial data than Form 1023.
User fee. You can pay the appropriate user fee to the IRS by credit card or direct debit from your bank account.
Organizations with a representative that will act on their behalf will need to file a power of attorney form with the IRS for authorization. While it can be helpful, you don't need an attorney to apply for 501(c)(3) status with the IRS. However, there are a number of benefits to consulting an attorney during the application process. For example, an attorney can help you to make sure you have all the required financial information and other details. Then they can help you submit it correctly, possibly helping you to avoid mistakes and save money. But attorney fees can be costly, and nonprofit organizations on a budget can complete the process on their own without seeking legal advice.