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Encyclopedia > 501(c)(7)

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
  • 501(c)(7) - recreational club organizations

 

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