Learn more information about Illinois requirements for Charitable Organizations here.
Nonprofits operating and fundraising in Illinois must register with the Attorney General’s Charitable Trust Bureau.
Check out the Illinois Charitable Organization Registration Instructions for more guidance.
Effective January 1, 2024, Illinois has updated its financial reporting requirements under the Solicitation for Charity Act:
The $25,000 audit threshold for charities using paid fundraisers remains unchanged. For details, refer to 225 ILCS 460/4.
To maintain compliance in Illinois, nonprofits must annually renew their registration with the Attorney General’s Charitable Trust Bureau.
Navigating Illinois' charitable registration and renewal requirements ensures nonprofits remain compliant while fostering donor confidence. Initial registration involves filing with the Illinois Attorney General’s Charitable Trust Bureau, submitting detailed organizational information, and meeting audit or financial review thresholds, depending on annual contributions.
Illinois-specific requirements, such as thresholds for audits and reviewed financial statements, emphasize the importance of accurate reporting. By staying up to date on these regulations, law firms can help nonprofit clients effectively manage their obligations and avoid penalties.
For more information or guidance, consult the Illinois Attorney General's Charitable Trust Bureau.