Donor Information Reporting Requirement Dropped for Many Tax-Exempt Organizations

Revenue Procedure 2018-38 modifies information that must be reported to the IRS by organizations exempt from tax under IRC §501(a), other than organizations described in §501(c)(3), that are required to file an annual Form 990 or Form 990-EZ information return. These organizations are no longer required to report the names and addresses of their contributors on the Schedule B of their Forms 990 or 990-EZ, although they must continue to collect and keep this information in their books and records and to make it available to the IRS upon request.