IRS List of Automatic Revoked Nonprofit Organizations: What's The Latest?
Why Would A Nonprofit or Charity Be Automatically Revoked?
The Internal Revenue Service (IRS) is serious about tax-exempt organizations compliance. Organizations that do not file required annual information returns or notices for three consecutive years automatically lose their exempt status by operation of law.
Revocation means all donations will be treated as taxable income and will subject to penalties for filing to file the necessary tax returns, in addition, donor contributions will no longer be tax deductible. In addition, the effect of revocation can have negative affects on entire community!
Here is the latest number of revoked nonprofit and charities by state published in 2021, as of October 2011:
What Are Latest Developments Relevant To Me?
The IRS has extended the filing dates for tax returns and notices due from April 1 through July 14 to July 15, 2020. This extension applies to organizations that failed to file for the two previous years and did not file by July 15. If an organization misses this new deadline, they will automatically lose their tax exempt status.
Some organizations have a Revocation Date between April 1 and July 14, 2020 on the auto-revocation list. However, their Revocation Date is really July 15, 2020.
What If My Organization or Charity Was Automatically Revoked?
If you want to reinstate your nonprofit or charity after it has been automatically revoked, we can help. Learn more.
If you are nearing the third year deadline, you can request more time to file your annual return. Learn more.
We Hope This information Was Helpful.
If you found this information helpful, share it with others and let us know your thoughts about it by sharing your comments below. We appreciate it.
Reference:
IRS Automatic Revocation of Exemption List