Gawd. That's meaningless. The approval could easily have been backdated past the incorporation date, huh? How many other truly similar groups have received similar treatment?
You might notice that the fund actually has nothing to do with the President, but rather his Kenyan brother-
http://www.barackhobamafoundation.org/Home.html
Funny things happen when you just copy/paste links w/o really examining them, huh? Which raving fringewhack axe to grind site did you glean that from, anyway?
What is the incorporation date & what does it have to do with the topic at hand- you know, Issa's rude grandstanding with a witness he knew wouldn't answer?
I rather suspect that the IRS uses different levels of scrutiny for organization of different scope & purpose when determining tax exempt status. Politicking matters, as groups are limited in that respect, by law. Groups who do so are rightfully provided more scrutiny.
So, uhh, how much politicking in this country do you figure that the president's brother in Kenya will be doing with donations, anyway? Should the IRS treat him as if he probably will, like any group with "Tea Party", "Patriot" or the usual right-speak code in their name?