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Amateur athletics organizations can qualify for exemption under section c 3 of the Internal Revenue Code in three ways: 1 by qualifying as a charitable organization, 2 by qualifying as an educational organization, or 3 by qualifying as an organization that fosters national and international amateur sports competitions. Exemption under c 3 for a sports organization provides the benefit of tax exemption as well as deductibility of charitable donations and eligibility for certain government and foundation grants. The most common charitable sports organization is one that promotes competition in sports among children and youth. The Internal Revenue Service has traditionally recognized sports organizations as charitable if they combat juvenile delinquency or lessen the burdens of government, both c 3 purposes. For example, in Revenue Ruling , the Service held that an organization formed to develop, promote, and regulate a sport for players under the age of eighteen and that engaged in organizing local and statewide competitions, promulgating rules, organizing officials, and presenting seminars, functioned to combat juvenile delinquency and qualified under section c 3. Hutchinson Baseball Enterprises, Inc.
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Application Process for Seeking Section 501(c)(3) Tax-Exempt Status
Application Process for Seeking Section (c)(3) Tax-Exempt Status - musicarmenie.com
To qualify for c 3 tax exempt status, an amateur athletic organization must fall under one of three rationales endorsed by the IRS:. Furthermore, the IRS applies a fact-and-circumstances approach to determine whether a competition is local in scope, rather than national or international as required by the code. For example, conducting a regional tournament may not be sufficient without evidence that it is linked to a national or international competition. An organization that is primarily social or recreational e.
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Section c 3 is the portion of the US Internal Revenue Code that allows for federal tax exemption of nonprofit organizations, specifically those that are considered public charities , private foundations or private operating foundations. There are other c organizations, indicated by categories c 1 — c This discussion will focus on c 3.
A c 3 organization is a corporation, trust, unincorporated association, or other type of organization exempt from federal income tax under section c 3 of Title 26 of the United States Code. It is one of the 29 types of c nonprofit organizations  in the US. Regulations specify which such deductions must be verifiable to be allowed e. Due to the tax deductions associated with donations, loss of c 3 status can be highly challenging if not fatal to a charity's continued operation, as many foundations and corporate matching funds do not grant funds to a charity without such status, and individual donors often do not donate to such a charity due to the unavailability of the deduction.