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Old 10-20-2019, 12:12 AM
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UFOs Galore
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Join Date: Feb 2014
Posts: 114
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I have run raffles before for a charitable women’s organization. You will need to contact your state tax department to see what your responsibilities are. Where I live, the organization has to have its 501c(3) status, and be in good standing with the state’s tax department. Then there are different levels of raffle licenses. It may be that the value of the quilt is below the threshold that requires a license. But if you do need a license, the rules you need to follow, record keeping involved, and then filing the tax return isn’t too difficult or expensive. I’ve been involved in quilt raffles that have raised $800 and raffles that have raised $15000. It just depend who’s buying the tickets and their motivation.
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