Donor-Disclosure Requirements Changing for Some Nonprofit Organizations

The IRS and Treasury Department have released a new Revenue Procedure which will allow some nonprofit organizations to provide less information about givers on Schedule B of their Form 990 or 990-EZ. The new procedure is effective for tax years ending on or after December 31, 2018.

The change, however, does not affect the reporting requirements for organizations which are tax exempt under section 501(c)(3) or section 527. The announcement is most significant for organizations under section 501(c)(4).

This text is provided with the understanding that ECFA is not rendering legal, accounting, or other professional advice or service. Professional advice on specific issues should be sought from an accountant, lawyer, or other professional.


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