You read that headline correctly.
The National Football League, the mega-moneyed organization behind this Sunday’s sports extravaganza, is eligible for The Scoop’s Charity Check feature as a bona fide, IRS-approved non-profit organization. It just happens to be one with a $30-million boss.
The NFL is not a traditional donor-funded 501(c)(3) charity – so no, your football tickets (and any other funds you might be inclined to give them) are not tax-deductible. But the organization with a $300 million budget – and that managed 32 team checkbooks that doled out more than $4 billion last year – is a tax-exempt non-profit, under 501(c)(6) of the tax code, which covers business leagues, chambers of commerce, real estate boards, boards of trade and, since 1966, “professional football leagues.”
Click the NFL logo below to read our report on the NFL’s latest tax filing, and the “Continue Reading” link to see the actual filing. And click here to view past Charity Checks.