A Charity’s Guide to the Canada Revenue Agency

In order to become a registered charity, you must apply for such status with the Canada Revenue Agency (CRA), which can be a time consuming process.  This may be an important step to securing funding as only registered charities can issue receipts that make the donations eligible for a tax credit on an individual donor’s personal income tax return.  This blog post serves as a nonprofit guide to navigating the CRA, covering tax reporting, rules to follow, and audits.