(Rev. January 2022)
0122 Inst 1024 (PDF) · 2026-10-03 edition · updated 2026-10-04 · United States
Sections in this part
Application for Recognition of Exemption Under Section 501(a) or Section 521 of the Internal Revenue Code
Your answers must provide sufficient detail about your past, present, and planned activities to demonstrate that you're described in the subsection of 501(c), 501(d), or section 521 under which you are seeking recognition of exemption. We won't be able to recognize you as tax exempt based on a mission statement unless you also describe the activities that further accomplish your mission. We need to understand the specific activities you undertake to accomplish your exempt purpose(s).
Financial data. Financial data, whether budgets or actual, should be consistent with other information presented in your application. Budgeted financial data should be prepared based on your current plans. We recognize that your actual financial results may vary from the budgeted amounts.
Past, present, and planned activities. Many items on Form 1024 are written in the present tense; however, base your answers on your past, present, and planned activities.
Language and currency requirements. Complete Form 1024 and attachments in English. Provide an English translation if your organizational document, bylaws, or any other attachments are in any other language.
Report financial information in United States dollars (specify the conversion rate used). Combine amounts from within and outside the United States and report the totals on the financial statements.
Purpose of Form
Don't use Form 1024 if you are
Get a plain-English answer with a citation back to this text.
Ask AI about this code