WebNov 4, 2024 · Fraternal Societies. To be exempt under Internal Revenue Code (IRC) section 501 (c) (8), a fraternal beneficiary society, order, or association must meet the following requirements: It must have a fraternal purpose. An organization has a fraternal purpose if membership is based on a common tie or the pursuit of a common object. WebJan 24, 2024 · Small churches, already struggling to survive, would be further endangered by a new tax burden. A 2024 survey by the Hartford Institute for Religion Research found that the median income for churches was $120,000, down from $150,000 in 2010. However, 46% of churches have annual revenues of $100,000 or less.
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