Small Block

Capital Absorption Opportunity · Tax-exempt organizations (26 U.S.C. § 501) · 501(c) Organizations

501(c)(13) Organizations

Definition

Cemetery companies owned and operated exclusively for their members or not operated for profit, and corporations chartered solely for burial, whose net earnings do not benefit any private shareholder or individual; the paragraph has been in the Code since its 1954 enactment.[1]

Federal law

  1. Internal Revenue Code of 1954, Pub. L. 83-591, ch. 736, § 501, 68A Stat. 163. Enacted section 501(c)(13) as part of the Internal Revenue Code of 1954. Official text: govinfo.gov, U.S. Government Publishing Office.