Posted on January 31, 2011

Simpler Reporting Requirements for Small Charities

A tax-exempt organization’s annual gross receipts or total assets are used to determine which of the three versions of Form 990 is required to file. Small tax-exempt organizations whose gross annual receipts are normally $50,000 or less can file the simpler Form 990-N (e-postcard). Any tax-exempt organization that does not file a Form 990 for three consecutive years will lose its exemption.

For more information go to and search IR-2011-3 or Revenue Procedure 2011-15.