IRS Logo
Print - Click this link to Print this page

Exempt Function Income of Tax-Exempt Social Clubs

The unrelated business taxable income of exempt social clubs includes all gross income, less deductions directly connected with producing that income, but not including exempt function income. In general, exempt function income is gross income from dues, fees, charges, or similar items paid by members for the purposes for which exempt status was granted to the organization.

Additional information

Treatment of income set aside for charitable purposes

Page Last Reviewed or Updated: 16-Dec-2016