Who must file Form 990-EZ?

IRS Form 990-EZ must be filed by tax-exempt organizations, nonexempt charitable trusts, and Section 527 political organizations, depending on their gross receipts and total assets.

If your organization has gross receipts of less than $200,000 and total assets of less than $500,000 at the end of the tax year, you must file Form 990-EZ instead of the full Form 990.

Organizations Required to File Form 990-EZ:

• Tax-exempt organizations under Section 501(a) are exempt from corporate income taxes.
• Nonprofit organizations operate for the public interest rather than profit.
• Nonexempt charitable trusts under Section 4947(a)(1), which are treated as exempt organizations under Section 501(c)(3).
• Supporting organizations under Section 509(a)(3) must file Form 990-EZ, even if their gross receipts are normally $50,000 or less.
• Qualified state or local political organizations under Section 527 must file Form 990-EZ if their gross receipts are $100,000 or more.
• Organizations claiming exempt status under Section 501(a).

Note: If your organization falls under Section 501(c)(1) or is excluded from gross income, you are not required to file Form 990-EZ.