Frequently asked questions
Who can file Form 1023-EZ?
Only organizations that can answer No to every question in the IRS Form 1023-EZ Eligibility Worksheet may use the streamlined form. Revenue, assets, entity type, history, and activities can all affect eligibility.
What is the Form 1023-EZ revenue limit?
An organization generally cannot use Form 1023-EZ if annual gross receipts exceeded $50,000 in any of the past three years or are projected to exceed $50,000 in any of the next three years.
What is the Form 1023-EZ asset limit?
An organization generally cannot use Form 1023-EZ if the fair market value of its total assets exceeds $250,000.