Exemption Type

The section of the Internal Revenue Code that describes a type of organization that generally qualifies for exemption from federal income tax, and that provides the basis for the organization's exemption. The following table describes the meaning of the Exemption Type codes:

Exemption Type (IRC section) Description
501(c)(3) Religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition, or prevention of cruelty to children or animals organizations