501(c)(6)

A 501(c)(6) is a type of nonprofit organization in the United States that includes business leagues, trade associations, chambers of commerce, and professional organizations. These groups are formed to promote the interests of their members and support their industries or professions. While they can generate revenue through activities like membership dues and events, their primary purpose is to advocate for their members rather than making profits. They enjoy certain tax benefits, such as being exempt from federal income tax on income related to their mission, but they cannot distribute profits to members or leaders.