Nonprofit Formation Costs

Ranked #668 in Nonprofits, #178,955 overall

What is the Cost to Form a Nonprofit?

For most charities have been doing their thing for some time. On occasion, some person may see the need to start a new one. Not like what some people have told me, you can't be a nonprofit business just by saying that you are nonprofit. And, just because a business is truely a nonprofit business, contributions to them may not be tax deductible in any way, shape or form.

Here Are Some Attempts

Here are two nonprofits that I am attempting. I may soon add a third.
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Zazzle by Filosopher

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To Be A 501(c)3

type=textIn order to start a charity on a firm setting with credibility, it is need to charter as a non-profit company and get approval from the Internal Revenue Service to be classified as a 501(c)3 organization. I have quickly discovered that that will take some cash, money.

I got the following start-up costs from the internet. Places that offer the legal work to be done, such as LegalZoom.

$359.00 for the the organizational charter.
$20.00 for the state fee.
$30.00 for the tax ID application.
$79.00 for the IRS tax ID.
$149.00 per year for a registered agent.
$795.00 to file for 501-c-3 status.
$850.00 for 501-c-3 fee.
$950.00 for a computer and internet.

Total needed for start-up = $3,232.00

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Any Feedback?

  • icangelabevan Jul 21, 2011 @ 8:17 pm | delete
    I hope you have an awesome day. Thanks for this!
  • MrsPotts Jun 21, 2011 @ 2:57 am | delete
    I appreciate this information. The cost breakdown list is especially useful. Thank you!
  • sidther Jun 20, 2011 @ 6:56 am | delete
    I have always wondered how much is would cost to set up a non-profit! Thanks for sharing this info!
  • kitty222 Jun 19, 2011 @ 1:57 pm | delete
    Be sure to proofread; I spotted two typos just in the intro. Otherwise, good informative Lens.
  • BSieracki Jun 19, 2011 @ 2:47 pm | delete
    thanks
  • karmicchristian Jun 12, 2011 @ 10:59 am | delete
    Charity starts at home.... :)

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Amazon Spotlight Personal Review 

The Simplified Guide to Not-for-Profit Accounting, Formation and Reporting

Amazon Price: $27.24 (as of 06/03/2012)Buy Now

A good starter.

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