charity, nonprofit, yoga

Leap: Quoth the IRS, “Compass Yoga, it’s official. You are a 501(c)3 charitable organization!”

From http://www.yoganonymous.com/

Okay, so they actually said, “We are pleased to inform you that upon review of your application for tax exempt status we have determined that you are exempt from Federal income tax under section 501(c)(3) of the Internal Revenue Code. Contributions to you are deductible under section 170 of the Code. You are also qualified to receive tax-deductible bequests, devises, transfers or gifts under section 2055, 2106 or 2522 of the Code.” But doesn’t my title for this post sound much more celebratory, aptly reflecting this enormous milestone?!

I couldn’t be happier with this recent turn of events for Compass Yoga. Actually, the moment I got the email from our attorneys I started doing a little victory dance to the song “Everybody Talks” by Neon Trees. How fitting!

This tax-exempt status sets in motion our opportunity to get the healing benefits of yoga to more people in more places. Great things are happening, and I can’t wait to share the progress with you. Now, the work really begins. If you want to be involved in this journey in any way, please contact me. We’d love to have you climb aboard our ship. There’s room for everyone who wants to be a warrior of wellness.

2 thoughts on “Leap: Quoth the IRS, “Compass Yoga, it’s official. You are a 501(c)3 charitable organization!””

  1. Doing the victory dance with you! Congratulations Christa and here’s to bringing the healing benefits of yoga to more people in more places. My heart is overflowing with love and gratitude for the work you are doing. To you I bow.

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I'd love to know what you think of this post! Please leave a reply and I'll get back to you in a jiffy! ~ CRA

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