TaxGuided
United States IRC sections

Statute section

IRC section 501

Exemption from tax on corporations, certain trusts, etc.

Country

United States

Section

501

Updated

2026-05-20

Operative text

Section 501(a) exempts from federal income tax organizations described in Section 501(c) or 501(d). Section 501(c)(3) is the most common category, covering religious, charitable, scientific, literary, educational, and certain other organizations that meet the operational and organizational tests.

Cross-references

26 U.S.C. 51126 U.S.C. 4940

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Important disclaimer

This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.