ARE MY TITHES & GIFTS TAX DEDUCTIBLE?
Yes, all tithes and gifts given to The Collective are tax deductible.
WHAT DO I NEED TO CLAIM A DEDUCTION ON MY TAXES?
After the end of each year, all those who gave to the church in the previous year will receive a statement from The Collective providing the total amount given over the course of the previous year, providing that we are able to determine the source of the gift or tithe and have contact information on file. This statement will have our Tax ID Number on it, and can be used to claim a deduction. If you gave to the church last year but did not receive a statement, contact us and we’ll do our best to get you one.
IS THE COLLECTIVE CHURCH A RECOGNIZED 501(C)(3) ORGANIZATION?
Not at this time, and here’s why.
The Collective Church is organized as a nonprofit corporation and is registered as such with the IRS and State of Arizona. Because of that, The Collective is, to quote the IRS, “automatically considered tax exempt and are [therefore] not required to apply for and obtain recognition of tax-exempt status from the IRS” so long as we are compliant with the following requirements (paraphrased for readability):
- A church must exist and operated exclusively for religious and charitable purposes.
- A church must ensure that any net earnings (money left over after paying operating costs and staff salaries) and not used to benefit specific individuals or staff. In other words, left over money goes back into the church, not to individuals.
- A church cannot have a substantial part of its activity dedicated to attempting to influence legislation (i.e., lobbying).
- A church may not intervene in political campaigns (e.g., corporately endorsing candidates or contributing church funds to political campaigns).
- A church and church activities must adhere to state and federal laws.
Here at The Collective, we see maintaining tax exempt status as a great way to bless those who graciously give. So our pledge is to diligently ensure that we are at all times compliant with the above requirements and all related IRS guidelines (Romans 13:1), so long as said compliance does not compromise obedience to God and our ability to make Him known throughout our community, nation and the world (Acts 5:29).