The IRS has informed the NAACP that it has concluded its examination of NAACP activities and determined the association did not violate conditions of its tax exempt status.  From the NAACP Press Release:

“We have determined that you continue to qualify as an organization described in IRC section 501(c)(3),” the IRS wrote in a letter to the NAACP dated Aug. 9. IRS official Marsha A. Ramirez said that a review of video footage of the Bond speech and other information indicated “that political intervention did not occur.”

Press reports:

• Associated Press

Prior TaxProf Blog posts:

• NAACP Releases Documents Detailing Republican Requests for Audit of Civil Rights Group (5/20/06)
• Hill on Auditing the NAACP: Misadventures in Tax Administration (8/2/05)
• WSJ: An IRS Cover Up? (4/25/05)
• Did the IRS Shoot Itself in the Foot by Going After the NAACP? (3/22/05)
• NY Times: IRS Used To Punish Political Foes of Bush Administration (3/21/05)
• Intersection of Tax, Politics, and Religion (10/29/04)
• Intersection of Tax, Religion & Politics (10/26/04)