Which of the following tax-exempt organizations would be required to file a form 990?
A) A charity with gross receipts of $25,000
B) A church with gross receipts of $25,000
C) Both (a) and (b)
D) Neither (a) nor (b)

Question

Which of the following tax-exempt organizations would be required to file a form 990?
A) A charity with gross receipts of > $25,000
B) A church with gross receipts of > $25,000
C) Both (a) and (b)
D) Neither (a) nor (b)

Quizplus · Accepted Answer

Charities with gross receipts over $25,000 are generally required to file Form 990, while churches are exempt from this requirement regardless of their gross receipts.

Which of the Following Tax-Exempt Organizations Would Be Required to File