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1023 application Form: What You Should Know

As with the application for a Section 7511 exemption, you must complete all the appropriate IRS forms and must be a qualified organization that meets the requirements set forth under section 501(c)3. Note: Form 1023 EZ is not designed to give you a complete listing of federal charitable exemption laws. You must determine whether your organization meets all the statutory requirements for a Section 1(c)(3) exemption and then find out how to file Form 990 or Form 990-EZ, or similar, for the particular year. For each year, you may need to do additional forms. The IRS may issue IRS 990-EZ forms. If an organization is not a qualified group, the Form 990-EZ must be completed for each year in which it operated more than one charitable entity.

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