Property Tax for Georgia Nonprofits

Does your nonprofit own real property? Does it plan to purchase real property (or hope to have it donated)? If so, don’t assume that your nonprofit will not have to pay property tax. Real property owned by a 501(c)(3) tax-exempt nonprofit organization in Georgia is not automatically exempt from property tax. The property must qualify for one of the listed exemptions and the owner must apply for exemption and be approved.   This article provides basic information regarding whether a nonprofit organization’s owned real property is exempt from Georgia’s property tax, how to apply for property tax exemption, and best practices for maintaining that exemption.