501(c)(6) Business Leagues
Trade associations that meet the requirements of Internal Revenue Code section 501(c)(6) are exempt from federal income tax as business leagues. The same provision extends exemption to chambers of commerce, real estate boards, boards of trade, and professional football leagues. A business league is an association of persons having some common business interest, the purpose of which is to promote such common interest and not to engage in a regular business of a kind ordinarily carried on for profit. To be exempt as a business league, an organization's activities must be devoted to advancing the conditions of a particular trade or the interests of the community.
Click here to see the largest and some examples of smaller organizations.
The Numbers (United States)
- The number of organizations registered with the IRS changed by -0 percent from 71,878 in 2002 to 63,444 in 2012.
- The number of organizations reporting to the IRS changed -1 percent from 0 in 2002 to 34,596 in 2012.
- Total revenues for reporting organizations changed by -1 percent from 0 in 2002 to $47,303,836,030 in 2012.
- Total assets for reporting organizations changed by -1 percent from 0 in 2002 to 85,305,630,733 in 2012.
(Note: Financial data have not been adjusted for inflation.)
Organizations That File Annually with the IRS
These organizations must have at least $25,000 in gross receipts.
- By Type of Activity or Purpose (NTEE)
- By Size of Organization (Total Expenses, Total Revenue, or Assets)
- By Organization Age (The IRS's "ruling date.")
Registered users can create their own custom tables to view organizations in multiple dimensions or explore other information that we have on these organizations. Click here to learn more.