How long does it take to establish a non profit organization?

Question

I am looking to start a non profit organization with the intent of offering tax deductible status to donors.

Any help would be appreciated!

Answer 1

For donors to be able to deduct contributions, you need to be more than a non-profit, you need 501(c)3 designation from the IRS. You don't say what the purpose of your organization is, so there's no way to tell you whether you'd be able to get that or not.

See http://www.irs.gov/charities/article/0,,id=169727,00.html for some info that might be useful

Answer 2

i ought to point you thoroughly study accessible businesses for possibilities for volunteer and economic training before installation your own because installation your own will contain on the spot costs which will drain extra or a lot less money that would flow to helping the vets. With perfect volunteer help and reckoning on the state, arising a non-earnings charity does no longer must be outrageously severe priced, yet there is multiple element paintings and also you've were given to make multiple estimates of earnings and spending and then justify the variations that could contain economic consequences of no longer accomplished precise. A legal specialist who volunteers and then drops out may reason important cut-off date and funding issues as changed into the case with a up to date organization i changed into in contact with. lately, it has change into extra expensive to maintain on with to the IRS for exemption - it changed into once just about free - and the 1023 has pages and pages of required information, a number of which may be skipped for plenty of different subclassifications of 501 exemptions. really, what you want to do is create a non-earnings company below state regulation (absurdly elementary in Texas, a lot messier in another states) assembly the criteria for incorporators, trustees, officials, conferences, and said applications contained in the incorporation rfile and through-regulations. then you should inform the IRS why your events justify the generic public (authorities) giving up taxation on your earnings - the coolest you do being more desirable through no longer having that 20% or so taken away. Few human beings will donate money in case you do not have the exemption both because they could't take the donation off their taxes in the journey that they itemize and considering having the exemption skill the bureauracracy took a careful check out your organization and massive-spread it.

Answer 3

Another great resource if you are interested in starting a nonprofit organization is The Foundation Center - they have an online tutorial that wallks you through the entire process of starting a nonprofit, and most importantly, where and how to find funding.

get started here http://foundationcenter.org/getstarted/faqs/html/starting_nonprofit.html