RC8. We’ve accomplished our goals! How can our charity wrap up its operations?

RC8. We’ve accomplished our goals! How can our charity wrap up its operations?


Short answer

Congratulations! You should begin by requesting revocation of your registered status from the Charities Directorate of the Canada Revenue Agency.

Once your charity’s status is revoked,

  • you can no longer issue official donation receipts
  • you are no longer exempt from income tax
  • you must transfer your remaining assets to eligible donees.
More…

If your charity is considering merging, amalgamating, or consolidating with another organization, you should consult with the Charities Directorate at 1-800-267-2384 (English) or 1-888-892-5667 (bilingual) before doing so.