Yes, there are penalties for filing a late Form 990, and the penalties can vary depending on the size of the organization’s gross receipts.
The penalties for late filing of Form 990 are as follows:
| Organization based on Gross Receipts | Late filing Penalty |
| Organizations with gross receipts less than $1,208,500 in its most recent tax year | $20 per day for each day the return is late. The maximum penalty is $12,000, or 5 percent of the organization’s gross receipts, whichever is less |
| Organizations with gross receipts more than $1,208,500 in its most recent tax year | $120 per day, up to a maximum of $60,000 |
An organization that fails to file the required information return (Form 990, Form 990-EZ, or Form 990-PF) or e-Postcard (Form 990-N) for three consecutive tax years will automatically lose its tax-exempt status.
Are there any penalties for filing a late Form 990?
Yes, there are penalties for filing a late Form 990, and the penalties can vary depending on the size of the organization’s gross receipts.
The penalties for late filing of Form 990 are as follows:
Organization based on Gross Receipts
Late filing Penalty
Organizations with gross receipts less than $1,208,500 in its most recent tax year
$20 per day for each day the return is late. The maximum penalty is $12,000, or 5 percent of the organization’s gross receipts, whichever is less
Organizations with gross receipts more than $1,208,500 in its most recent tax year
$120 per day, up to a maximum of $60,000
An organization that fails to file the required information return (Form 990, Form 990-EZ, or Form 990-PF) or e-Postcard (Form 990-N) for three consecutive tax years will automatically lose its tax-exempt status.
Last modified: December 22, 2025
