Published Aug. 17, 2015
Cause IQ now has the ability to find organizations in group structures, with parent and child relationships
Many nonprofit organizations are closely related to other organizations, with the IRS classifying organizations according to a central/parent organization relationship. Called a group exemption, here's the IRS's official definition:
"The IRS sometimes recognizes a group of organizations as tax-exempt if they are affiliated with a central organization. This avoids the need for each of the organizations to apply for exemption individually. A group exemption letter has the same effect as an individual exemption letter except that it applies to more than one organization."
This is often the case in organizations that have a national headquarters and chapters, such as United Way or Associated Builders and Contractors.
Using Cause IQ, you can now easily identify characteristics of groups of organizations, for organizations that are part of an official grouping. A new section within the "Overview" tab of organization profiles called "Group characteristics" displays this information. Here's an example:
Find organizations with group or parent/child structures, including headquarter organizations, and their consolidated financialsOpen help article