501(c)4

(redirected from 501c4)
Also found in: Wikipedia.

501(c)4

A subsection of the Internal Revenue Code governing the status of non-profit organizations devoted to lobbying for political, civic, or other, similar causes. 501(c)4 organizations are exempt from federal taxation. However, contributions and donations made to them are not tax exempt. Examples of 501(c)4 organizations include political campaigns and groups that advocate for certain issues. In order to qualify for 501(c)4 status, all of the organization's earnings must be used for social welfare purposes.
References in periodicals archive ?
The conference was attended by representatives of a large number of organizations Institutions and associations of the Palestinian community, and approved the registration of the Palestinian Council in the United States legally and officially in accordance with Article 501C4.
Angel Protectors of Animals and Wildlife is a California based, 501c3 and 501c4 non profit animal and wildlife rescue organization (in formation), which raises awareness and changes public policy for both domestic animals and wildlife.
Gary Hirshberg is chairman of yogurt maker Stonyfield Farm and the Just Label It campaign, a 501c4 lobbying organization with over 550 organizations and businesses that have signed on to its effort to require GMO labeling at the federal level.
A year ago, it changed to a 501c4 nonprofit tax-exempt organization, which doesn't have to make such disclosures.
New tax laws created tax breaks for nonprofits, leading to the creation of thousands of 501c3 (education and research) and 501c4 (political action committee [PAC] and lobbying) organizations.