MCC 8651 - Organizations, Political

Merchant Category Code (MCC) 8651 is designated for organizations that are political in nature. This code is primarily used by political entities, including political action committees (PACs), fundraising groups, and other similar organizations involved in political activities. The primary purpose of this MCC is to categorize transactions made with these entities in the payments ecosystem, aiding in the identification and analysis of such expenses for both consumers and financial institutions.

Types of Services

• Political Fundraising: Transactional activities related to political fundraising events, donations, and support collections for political campaigns.
• Membership Fees: Payments associated with joining political organizations, contributing to affiliated memberships for advocacy and support.
• Donation Management: Services involving the collection and management of donations to support political campaigns and initiatives.

Related MCCs

• MCC 8398: Charitable and Social Service Organizations: These groups focus on non-political charitable activities but may share similar donor bases.
• MCC 8699: Membership Organizations: Encompasses broad-based membership groups, including those not specifically political, but possibly with overlapping interests.

FAQs

• What types of payments are typically associated with MCC 8651?
  - Payments usually include donations to political campaigns, membership dues to political organizations, and support services for political activities.
• How is MCC 8651 beneficial for financial analysis?
  - It helps financial institutions and consumers track and categorize transactions related to political activities for better financial transparency and compliance.
• Are contributions to organizations under MCC 8651 tax-deductible?
  - Generally, contributions to political organizations are not tax-deductible. Consult specific guidelines or a tax advisor for detailed advice.

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MCC Categories

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