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 (see 26 U.S.C.ยง 501(c)). There are 27 types of tax exempt organizations under the code. A non-profit organization (often called non-profit org or simply non-profit or not-for-profit) can be seen as an organization that doesnt have a goal to make a profit. ... The United States Code (U.S.C.) is a compilation and codification of the general and permanent federal Law of the United States. ...
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