UNDER CONSTRUCTION
UNDER CONSTRUCTION
EdenSpring just filed an Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code on March 29, 2024. Unsurprisingly, the application remains pending before the IRS.
As the IRS explains, "While an application is pending, the organization can treat itself as exempt from federal income tax under section 501(c)(3). However, contributors to the organization do not have advance assurance of deductibility because the organization's exemption is pending. If the organization ultimately qualifies for exemption for the period in which the contribution is made, the contribution will be tax-deductible by the donor. Alternatively, if the organization ultimately does not qualify for exemption, then the contribution will not be tax deductible. "
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