Colorado Agriculture Preservation Association         

 501(c)3/501(c)5 comparison

501c3

 

Type

Charitable Organizations

 

Examples

Charitable, religious, educational, scientific, literary, etc. organizations

 

Description and Exempted Purposes

The exempted purposes set forth in IRC Section 501c3 are charitable, religious, educational, scientific, literary, testing for public safety, fostering national or international amateur sports competition, and the prevention of cruelty to children or animals. The term charitable is used in its generally accepted legal sense and includes relief of the poor, the distressed, or the underprivileged; advancement of religion; advancement of education or science; erection or maintenance of public buildings, monuments, or works; lessening the burdens of government; lessening of neighborhood tensions; elimination of prejudice and discrimination; defense of human and civil rights secured by law; and combating community deterioration and juvenile delinquency.

 

Organizational Details

To be organized exclusively for a charitable purpose, the organization must be a corporation, community chest, fund, or foundation. Individuals or partnerships do not qualify. The articles of organization must limit the organization's purposes to one or more of the exempt purposes set forth in IRC Section 501c3. In addition, the assets of an organization must be permanently dedicated to an exempt purpose. This means that should an organization dissolve, its assets must be distributed for an exempt purpose described in this chapter, or to the federal government or to a state or local government for a public purpose.

 

Lobbying

In general, no organization may qualify for section 501(c)(3) status if a substantial part of its activities is attempting to influence legislation (commonly known as lobbying).  A 501(c)(3) organization may engage in some lobbying, but too much lobbying activity risks loss of tax-exempt status.  An organization will be regarded as attempting to influence legislation if it contacts, or urges the public to contact, members or employees of a legislative body for the purpose of proposing, supporting, or opposing legislation, or if the organization advocates the adoption or rejection of legislation. Organizations may, however, conduct educational meetings, prepare and distribute educational materials, or otherwise consider public policy issues in an educational manner without jeopardizing their tax-exempt status.

501c5

 

Type

Agricultural, Labor, and Horticultural Organizations

Examples

Labor unions, farm bureaus, and other labor and agricultural organizations

 

Description and Exempted Purposes

A labor organization is an association of workers, usually in the form of a labor union, council, or committee that is organized to protect and promote the interests of labor in connection with employment. Agricultural and horticultural organizations are connected with raising livestock, forestry, harvesting crops or aquatic resources, the cultivation of useful or ornamental plants, and similar pursuits.

 

Organizational Details

Labor Organizations: The organization must be organized to carry out the betterment of the conditions of workers, the improvement of the grade of their products, and the development of a higher degree of efficiency in their respective occupations. In addition, no net earnings of the organization may inure to the benefit of any member. While a labor organization generally is composed of employees or representatives of the employees (in the form of collective bargaining agents) and similar employee groups, evidence that an organization's membership consists mainly of workers does not in itself indicate an exempt purpose. Agricultural Organizations: The primary purpose of exempt agricultural and horticultural organizations must be to relate to techniques of production, betterment of conditions of those engaged in agriculture or horticulture, development of efficiency, or improvement of the grade of products.

 

 

Lobbying

The seeking of legislation germane to the labor or agricultural organization's programs is recognized as a permissible means of attaining its exempt purposes. Thus, a section 501(c)(5) labor or agricultural organization may further its exempt purposes through lobbying as its primary activity without jeopardizing its exempt status. However, a section 501(c)(5) organization that engages in lobbying may be required to either provide notice to its members regarding the percentage of dues paid that are applicable to lobbying activities or pay a proxy tax.