is a social club required to apply for tax exemption
Only 501(c)(3)âs are required to file for tax exempt status if their revenues were over $5,000 annually. I could not find any dollar threshold for 501(c)(7) Social Clubs. Thatâs why I asked the IRS directly. I have a new blog post explaining the criteria to be a self-proclaimed 501(c)(7) Social Club.