Please note that the Penrose Library will be closed for renovations for approximately two months starting February 1, 2024. For more information: https://ppld.org/PE-closure. Access to Foundation Directory and GuideStar will shift to Library 21c, located at 1175 Chapel Hills Dr, Colorado Springs, CO 80920. Use of the Robert Hilbert Nonprofit Resource Center at Penrose Library will be on a case-by-case basis. Requests can be sent to Katie Edson.
Interested in starting a nonprofit, but not sure where to go? This guide will provide information on how to get started, what you should think about before getting started, and links to resources to help you start a nonprofit.
According to the IRS, the purpose of a nonprofit must be charitable, religious, educational, scientific, literary, testing for public safety, fostering national or international amateur sports competition, and preventing cruelty to children or animals. It is not because you do not plan to make any money.
Things to remember before starting a nonprofit:
The IRS has 29 501(c) designations, including the most popular 501(c)(3). A 501(c)(3) designation means donations made to your organization are tax-deductible. For the purposes of this guide, nonprofit designation will refer to a 501(c)(3) organization.