A not-for-profit typically has gross receipts of $4,500 or less each year. According to the IRS it would not have to file with the IRS to be considered tax-exempt under Sec. 501(c)(3).

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According to the IRS, a not-for-profit organization with gross receipts of $4,500 or less each year is considered a tax-exempt organization and does not need to file with the IRS to be considered tax-exempt under Sec. 501(c)(3).

A Not-For-Profit Typically Has Gross Receipts of $4,500 or Less