Floyd Times achieves nonprofit status
The official ruling from the IRS was received Feb. 11 and stated Floyd Media is considered a "public charity" under Internal Revenue Code Section 170.
Floyd Times Community News, owned by Floyd Media LLC, has received its official 501(c)(3) status from the Internal Revenue Service. This means that donations made to the newspaper in any amount, including those previously defined as "yearly subscriptions," are tax deductible.
The official ruling from the IRS was received Feb. 11 and stated Floyd Media is considered a "public charity" under Internal Revenue Code Section 170.
We're in the process of updating our website to reflect our new status, which includes adding our Employer Identification Number to our "About" page.
The mission of Floyd Times is to inform and connect the people of Floyd County and surrounding regions. We deliver local news to power civic engagement and highlight a wide range of community voices.
Supporters can access all content, as they champion Floyd Times in fulfilling our core tenet of being locally driven. Donations directly support every story we publish.
