For purposes of this test, an organization normally does not have more than $5,000 in annual gross receipts if--

• During its first tax year the organization received gross receipts of $7,500 or less,
• During its first two years the organization received a total of $12,000 or less in gross receipts, and
• If an organization has existed for at least three years, the organization received $15,000 or less in gross receipts during the immediately preceding two years plus the current year.