A nonprofit corporation is a corporation formed under state nonprofit law for qualifying purposes rather than primarily to distribute profits to owners. Forming a nonprofit corporation does not automatically provide federal tax-exempt status, including recognition under Section 501(c)(3) of the Internal Revenue Code. Swyft Filings offers a 501(c)(3) Application service to assist eligible nonprofit organizations with preparing and submitting an application for federal tax-exempt status to the IRS. This service is separate from forming the nonprofit corporation, and IRS approval is not guaranteed.

Swyft Filings describes its formation process as an online filing service in which customers provide business details, the filing is prepared and reviewed, and the formation paperwork is submitted to the appropriate state agency. The company supports formation and related filing services across all 50 states, while state fees, forms, processing times, and requirements remain state-specific.