Every year our county sends out a form to every homeschooler that asks this question, “Have you filed Articles of Incorporation with the office of the Kentucky Secretary of State as a non-profit corporation drafter under KRS 273 or received a letter from the IRS granting you 501c3 status as a non-profit corporation? (Homeschools, by their nature, are considered non-profit.)”
I am confused as to how a homeschool is by nature non-profit and it seems to imply that if we are we should have filed for that status.
Can you point me in the right direction to answer this question?
Gina in KY
From what I understand, KY considers homeschools as private schools.
Brick and mortar private schools are 501c3 nonprofit charities, but individual homeschool families cannot qualify for 501c3 nonprofit status with the IRS. Only groups qualify for 501c3 status with the IRS. A homeschool group may qualify for 501c3 status, but an individual family cannot be a 501c3 nonprofit, even though in KY they are private schools.
It is a bit confusing because of the inconsistent way that the IRS and KY define private schools.
This blog post should be helpful:
I hope that helps.
Carol Topp, CPA