Property Tax Exemption for Non Profits

Not-for-Profit Organizations may also be exempt from one or more business and excise taxes: General Corporation Tax: Hotel Room Occupancy Tax: TaxicabTransferLicenseTax: If applicant is a religious organization, individual members may qualify for a Clergy Exemption Some not-for-profit organizations, incorporated as either limited partnerships or Housing Development Fund Companies (HDFCs), may be eligible for partial or full exemptions for properties set aside for transitional housing for low-income or homeless individuals. Contact: NYC Department of Housing Preservation and Development