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This is the section of the
Internal Revenue Code that refers to our mosque (church).
Section 501 refers to tax exempt organizations, sub-section
(c) is a list of many different categories of exempt
organizations, and sub-section (3) is the category of exempt
organizations that includes churches and various other
religious and charitable organizations.
A 501(c)(3) organization is a
tax-exempt organization that has met the IRS criteria, and is
eligible to receive tax-deductible donations.
The IRS informs an organization
that it is exempt under Section 501(c)(3) by sending it a
Determination Letter to that effect.
The attached three pages show
that ISCN received that determination as of September
25, 2003.
Once an organization is exempt, it is required to
file an annual information return with the IRS (Form 990, if
gross annual receipts are normally $100,000 or more; or the
simpler Form 990EZ, if annual receipts are more than $25,000
and less than $100,000. If gross annual receipts are normally
not more than $25,000, the form is optional.)
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