School Booster Clubs Need Tax-Exemption

School Booster Clubs Need Tax-Exemption Any school booster club that plans to raise $5000 or more this school year needs federal 501(c)(3) tax-exempt status. Parent Booster USA, a national nonprofit organization, has been authorized by the IRS to grant immediate tax-exempt status to its members, avoiding the long and costly process booster clubs faced in the past. (Vocus) September 10, 2009 -- IRS rules require any organization that raises $5000 or more to file a tax return. Unless school support organizations and booster clubs have tax-ex
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