Types of Tax-Exempt Nonprofits

Tax-Exempt Nonprofit
Once your organization has been incorporated as a nonprofit, you may wish to apply to the Internal Revenue Service for tax-exempt status.
Publication 557 from the Internal Revenue Service is available online at http://ftp.fedworld.gov/pub/irs-pdf/p557.pdf, or you can call 800-829-3676. Publications are also available at Public Libraries. Information for Tax-Exempt Organizations can be obtained from the IRS at http://www.irs.ustreas.gov/charities/index.html. Visit the websites listed below for requirements, application, and other special details.
Follow these link to a very resourceful handbook to help get that 501-c-3 in place: Prepare Your Own 501-c-3 Application and Help with Form 1023
Types of Tax-Exempt Nonprofits
Charitable Organizations
Charitable, religious, educational, scientific, literary, etc. organizations that meet the requirements of Sec. 501(c)(3) are exempt from federal income tax.
Social Welfare Organizations
Civic leagues, community organizations, and other social welfare organizations that meet the requirements of Sec. 501(c)(4) are exempt from federal income tax.
Labor and Agricultural Organizations
Labor unions, farm bureaus, and other labor and agricultural organizations that meet the requirements of Sec. 501(c)(5) are exempt from federal income tax.
Business Leagues
Trade associations, chambers of commerce, real estate boards, and other business leagues that meet the requirements of Sec. 501(c)(6) are exempt from federal income tax.
Social Clubs
Hobby clubs, country clubs, and other organizations formed for social and recreational purposes that meet the requirements of Sec. 501(c)(7) are exempt from federal income tax.
Fraternal Societies
Lodges and similar orders and associations that meet the requirements of either Sec. 501(c)(8) or Sec. 501(c)(10) are exempt from federal income tax.
Veterans' Organizations
Posts or organizations of past or present members of the Armed Forces of the United States meeting the requirements of Sec. 501(c)(19) or Sec. 501(c)(23) are exempt from federal income tax.
Employees' Associations
Local associations of employees meeting the requirements of Sec. 501(c)(4), voluntary employees' beneficiary associations meeting the requirements of Sec. 501(c)(9), and supplemental unemployment benefit trusts meeting the requirements of Sec. 501(c)(17) are exempt from federal income tax.
Political Organizations
Political parties, campaign committees for candidates for federal, state, or local office, and political action committees are all political organizations subject to tax under Sec. 527.
Other Tax-Exempt Organizations
Corporations Organized Under Act of Congress (including Federal Credit Unions); Title Holding Corporation For Exempt Organization; Teachers' Retirement Fund Associations; Benevolent Life Insurance Associations; Mutual Ditch or Irrigation Companies; Mutual or Cooperative Telephone Companies, Etc. ; Cemetery Companies; State Chartered Credit Unions, Mutual Reserve Funds; Mutual Insurance Companies or Associations; Cooperative Organizations to Finance Crop Operations; Employee Funded Pension Trust (created before June 25, 1959); Black Lung Benefit Trusts; Withdrawal Liability Payment Fund; Title Holding Corporations or Trusts with Multiple Parents; State-Sponsored High-Risk Health Coverage Organizations; State-Sponsored Worker's Compensation Reinsurance Organizations; Religious and Apostolic Associations; Cooperative Hospital Service Organizations; Cooperative Service Organization of Operating Educational Organizations; Child Care Organization; and Farmers' Cooperative Associations.

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