Registered charities are often referenced as non-profit organizations. Although they both may operate on a non-profit basis, the Canada Revenue Agency website (2012) states that they are defined differently under the Income Tax Act. Examples of registered charities include poverty related supports, education and religion. Examples of non-profit organizations include social, recreational or hobby groups, amateur sport organizations and festival organizations. For further information, please click here.
It is important to determine if registration as a charity is right for your organization. The Canada Revenue Agency website (2011) provides information that will help your group make an informed decision about registering as a charity (e.g. advantages of registration). For further information, please click here.
Forms required when registering as a charity:
- Form T4063: Guide to Registering a Charity under the Income Tax Act
- Form T2050: Application to Register a Charity under the Income Tax Act
- Form T1189: Application to Register a Canadian Amateur Athletic Association under the Income Tax Act. The application process is different for those that are involved in amateur athletics.