New York State Compliance Guidelines
***Disclosure*** This information is updated periodically and subject to change. For the latest information, please contact the appropriate State Agency.
Annual Filing Requirements – For Nonprofits Operating in New York
New York nonprofits exist in all sectors and sizes, providing a wide variety of essential services throughout the state. New York nonprofit organizations work in government, health and wellness, social services, education, the arts, disability and veterans’ services, and much more. The New York State Nonprofit Board lists over 92,000 registered nonprofit organizations, giving it the #2 spot for states with the most nonprofits in the nation.
Due to the number of Nonprofits and State requirements, New York can be a difficult states to administratively operate a nonprofit. This can make it challenging to keep your New York nonprofit status.
We’ve highlighted some key areas to pay attention to keep your nonprofit in good standing with the State of New York
Charity Registrations
Required to complete and file annually. Charity Registration, sometimes called a Permit to Solicit, is required to ask people and companies for donations in the state of operation.
Due Date: 4.5 months after close of fiscal year. On initial filing, if income is expected to be below $25,000 there is no fee. If income expected to be above $25,000 the fee is $25.
Annual Reports
There is NO annual report requirement in New York.
Due Date: N/A
Other Exemptions
If desired, New York organizations are required to apply for an Income and Sales Tax Exemptions.
Tax Returns
All organizations (except those classified as churches) are required to file annual 990 form (990N, 990EZ, 990 or 990PF) to be exempt from Income Tax.
The return is due on the 15th day of the 5th month after the end of the organization’s fiscal year. Failure to file for 3 consecutive years could make
your organization lose tax-exempt status.
Learn More About Illinois Requirements
BryteBridge Offers Annual Compliance Subscriptions to ensure you don’t miss filing and meeting your annual compliance requirements. Learn more here!
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