Nonprofit entities, often referred to as not-for-profit organizations, are generally established with the primary aim of fulfilling charitable, educational, religious, scientific, or social objectives.
There are many different kinds of these organizations, and the IRS sorts them into groups based on what they do. Below are some types of nonprofits according to the IRS.
501(c)(1) | Corporations Organized Under Act of Congress | Yes |
501(c)(2) | Title Holding Corporations | No |
501(c)(3) | Charitable, Religious, Educational, Scientific, etc., Organizations | Yes |
501(c)(4) | Civic Leagues and Social Welfare Organizations | No |
501(c)(5) | Labor, Agricultural, and Horticultural Organizations | No |
501(c)(6) | Business Leagues, etc | No |
501(c)(7) | Social and Recreation Clubs | No |
501(c)(8) & (c)(10) | Fraternal Beneficiary and Domestic Fraternal Societies and Associations | Yes |
501(c)(9) | Voluntary Employees' Beneficiary Associations | No |
501(c)(11) | Teachers' Retirement Fund Associations | No |
501(c)(12) | Benevolent Life Insurance Associations, Mutual Ditch or Irrigation Companies,Mutual or Cooperative Telephone Companies, etc. | No |
501(c)(13) | Cemetery Companies | Yes |
501(c)(14) | State-Chartered Credit Unions, Mutual Reserve Funds | No |
501(c)(15) | Insurance Companies or Associations Other Than Life | No |
501(c)(16) | Cooperative Organizations to Finance Crop Operations | No |
501(c)(17) | Supplemental Unemployment Benefit Trusts | No |
501(c)(18) | Employee Funded Pension Trusts (created before June 25, 1959) | No |
501(c)(19) & (c)(23) | Organizations of Past or Present Members of the Armed Forces | No |
501(c)(21) | Black Lung Benefit Trusts | No |
501(c)(22) | Withdrawal Liability Payment Funds | No |
501(c)(24) | Trusts described in section 4049 of the Employer Retirement Income Security Act | - |
501(c)(25) | Title Holding Corporations or Trusts | No |
501(c)(26) | State-Sponsored Organizations Providing Health Coverage for High-Risk Individuals | No |
501(c)(27) | State-Sponsored Workmen's Compensation and Insurance and Reinsurance Organizations | No |
501(c)(28) | National Railroad Retirement Investment Trust | No |
501(c)(29) | Qualified Nonprofit Health Insurance Issuers | No |
501(d) | Religious and Apostolic Associations | - |
501(e) | Cooperative Hospital Service Organizations | - |