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501(c)

501(c) Definition

A 501(c) is a specific type of tax exempt non profit organization designated under Section 501 c of the United States Internal Revenue Code. There are 27 types of tax exempt organizations under the code.

The most common 501(c) organizations include:

  • 501(c)1 - corporations organized under acts of Congress such as Federal Credit Unions
  • 501(c)2 - title holding corporations for exempt organizations
  • 501(c)3 - various charitable, non-profit, religious, and educational organizations
  • 501(c)4 - various political education organizations
  • 501(c)6 - business league and chamber of commerce organizations
  • 501(c)7 - recreational club organizations



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