NC S681

Increases the qualifying income threshold for exemption from charitable solicitation licensing requirements from $25,000 to $50,000 in contributions per calendar year for organizations that do not provide compensation to officers, trustees, organizers, or fund-raisers.

Allows charitable organizations to demonstrate eligibility for the $50,000 exemption by providing IRS Form 990/990-EZ, Form 990-N submission confirmation, board-approved budget, Department financial form, or other acceptable evidence.

Removes the notarization requirement for initial applications and license renewals for charitable organizations, fund-raising consultants, and solicitors, replacing "signed under oath" language with "signed."

Modifies license renewal deadlines to reference the federal informational tax form filing date and establishes that organizations with extended federal filing dates must notify the Department within seven days of filing for the extension.

Extends the Department's authority to grant additional extensions of up to 60 days beyond the initial renewal deadline for organizations with federal tax filing extensions, effective October 1, 2021.