501(c)(7) Social Club
This information is provided for your general reference. Please contact the IRS for any corrections or updates.
The IRS offers more than a dozen different classifications of tax exempt status under the 501 tax section. The MESA STAMP CLUB, Inc. is a 501(c)(7) Social Club with a social or recreational purpose. General information is provided below:
Pleasure, recreation, social activities
Fraternities, sororities, country clubs, hobby clubs, homeschool support groups
Personal contact, fellowship and co-mingling of members. No private inurement allowed
Can provide meals or services only to members in connection with club activities
Tax deductible donations allowed?
Tax exempt (no taxes on profits)
Exempt from federal income tax on income derived from members; other income taxed
Source of Income
Primarily (65% or more) of the income must come from the membership
Limited membership and consistent with the purpose of the club
IRS Application Required?
No. The IRS does not require 501(c)(7) organizations to file an application. They can “self-proclaim” tax exempt status
Annual IRS Reporting
Form 990-N, Form 990-EZ or Form 990
Legislative Lobbying permitted?
No limit on legislative activity as long as it furthers the exempt purpose