Editing to avoid confusion
Do not confuse Open Collective Foundation with Open Source Collective: https://opencollective.com/opensource/updates/regarding-the-announcement-to-dissolve-open-collective-foundation
This is even more confusing because the org behind Open Collective (opencollective.com) is called " Open Source Collective" whereas the org behind Open Source Collective (oscollective.org) is called Open Collective Foundation.
I believe the author here is confused as well
EDIT: I'm even more confused. Links from oscollective.org point back to opencollective.com. 😵💫
Important: Do not confuse Open Collective Foundation with Open Source Collective: https://opencollective.com/opensource/updates/regarding-the-announcement-to-dissolve-open-collective-foundation
Somehow it seems that the 501(c)(6) is more profitable than the 501(c)(3), but I dont understand why.
Profitability might not be the issue, neither are supposed to function solely to make a profit. From the linked blog post, referencing an email, it is stated that its costing more than the revenue can support.
From a general internet search:
c(3)'s can't engage too much (or at all) in legislative stuff but a c(6) can
c(3)'s are supposed to do things to help a group outside of itself while c(6)'s are supposed to exist to support their members
c(6)'s aren't required to report personal information of a person/entity making a donation to the IRS or public
Nope. Just use Open Collective. If you're a FOSS project, use Open Source Collective. Neither are shutting down.
So just move to Open Source Collective. What even is Open Collective Foundation and why did they exist?
I'm even more confused. Links from oscollective.org point back to opencollective.com. 😵💫
Thats because one is the entire website and another is a fiscal host on that website. They both exist on the same website.
One is a square. One is a smaller circle inside the square.