MONEYINPOLITICS.wtf
America’s most comprehensive dictionary of campaign finance jargon
501(c)(6)
noun1 a shorthand reference for business associations that claim freedom from U.S. taxes under Section 501(c)(6) of the Internal Revenue Code; may engage in political activity, but not as their primary purpose; donors identities can be shielded from public scrutiny
The bill, The Sports League Tax-Exempt Status Limitation Act, would modify the 501(c)(6) designation in the tax code to exclude sports organizations with assets exceeding $500 million.— The Athletic
501(c)(4) groups are generally known as social welfare organizations, while 501(c)(6) groups are generally trade groups, chambers of commerce and the like.— WRAL