Glossary / Form 1024
What is Form 1024?
The IRS application organizations file to obtain recognition of tax-exempt status under sections other than 501(c)(3), including 501(c)(7) social clubs.
Simple definition
The IRS application organizations file to obtain recognition of tax-exempt status under sections other than 501(c)(3), including 501(c)(7) social clubs. Requires articles of incorporation, bylaws, a description of activities, financial data, and a $600 user fee filed through Pay.gov. Processing typically takes 3-6 months.
Why it matters for your nonprofit
Form 1024 is the IRS application for most non-501(c)(3) exempt types, including many 501(c)(4) and 501(c)(6) groups. It is not Form 1023.
How it shows up in daily work
Confirm the correct subsection, file 1024 or 1024-A as required, and do not tell donors gifts are deductible unless you are a 501(c)(3).
Common mistakes
- Filing Form 1023 because it is more familiar.
- Telling members their dues are charitable deductions.
- Ignoring the user fee and Pay.gov steps.
How AlignMint helps
AlignMint ties fund accounting, donor records, and reporting in one place so terms like Form 1024 show up correctly in your books—not only in a policy memo.
FAQ
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