Donations to Bakara 195: U.S. Tax Deductibility Status (2026)

This page provides clear, current information about Bakara 195 Corporation's U.S. federal tax-deductibility status for charitable contributions. We update this page whenever the status changes.

Quick summary

• Legal entity: Bakara 195 Corporation
• Type: Wyoming Nonprofit Corporation
• Date registered: March 24, 2026
• EIN: 61-2341858
• 501(c)(3) status: Not yet applied for. Donations may not currently be deductible as charitable contributions for U.S. federal income tax purposes.

What this means for U.S. donors

Under the U.S. Internal Revenue Code, only contributions to organizations with IRS-recognized 501(c)(3) status are eligible for the federal charitable-contribution deduction. Bakara 195 Corporation has registered as a Wyoming nonprofit and obtained an Employer Identification Number (EIN) from the IRS, but has not yet filed Form 1023 (the 501(c)(3) application).

Practical implication: If you are a U.S. taxpayer who itemizes deductions, donations to Bakara 195 cannot currently be claimed as charitable deductions on your federal return. They can still be claimed on certain state returns where the state deduction is broader, but consult your tax advisor.

What we are doing

Bakara 195 is currently focused on:

1. Establishing operational track record (first major campaigns: Qurbani 2026, Ramadan distributions)
2. Completing first-year financial audit (December 2026)
3. Building scholar advisory board (forming Q3 2026)
4. Preparing 501(c)(3) application materials based on operational evidence

Filing 501(c)(3) (Form 1023) is targeted for Q4 2026 - Q1 2027. IRS processing typically takes 4-6 months after filing. We will publicly announce, update this page, and notify donors via email when 501(c)(3) status is granted.

Workarounds for U.S. donors who need tax deductibility

For donors who require immediate tax deductibility, several options exist:

• Fiscal sponsor: donate via a 501(c)(3) fiscal-sponsor partner that grants the funds to Bakara 195 for your designated cause. Email [email protected] for current fiscal-sponsor partner information.
• Donor-Advised Fund (DAF): some DAFs (every.org, Daffy) accept grants to fiscal-sponsor partners; this preserves the donor's tax-deductible gift to the DAF.
• Wait until 501(c)(3): some donors prefer to plan larger donations for a future tax year after 501(c)(3) status is obtained.

U.K., Canada, Australia, and other jurisdictions

Bakara 195 is not currently registered with the U.K. Charity Commission, Canadian Revenue Agency, Australian Charities and Not-for-profits Commission, or other foreign charity regulators. Donations from those jurisdictions are treated as gifts to a foreign nonprofit corporation. Local tax-deductibility rules vary; consult a local tax advisor.

Receipts

Every donation generates an automatic email receipt that includes:

• Receipt number, date, donor name (or "Anonymous"), amount
• Campaign / cause designation
• Bakara 195 Corporation legal information and EIN (61-2341858)
• Statement: "No goods or services were provided in exchange for this contribution."
• Disclosure that 501(c)(3) status has not yet been obtained

The receipt is the official record of your donation. Keep it for tax purposes regardless of current deductibility status — should 501(c)(3) be granted, retroactive deductibility may apply for the prior tax year per IRS rules.

Why we don't claim deductibility we don't have

Many young nonprofits use ambiguous language ("501(c)(3) Pending," "Tax Deductible*", etc.) to encourage donations without a formal IRS recognition. The Federal Trade Commission and Wyoming Charitable Solicitation Act treat misleading deductibility claims as a form of consumer harm. Bakara 195 takes a deliberately conservative position: we will not claim deductibility we cannot back with an IRS determination letter.

This costs us donations in the short term but builds long-term donor trust — and aligns with our broader transparency commitments. Read our transparency report →