Understanding the "Most Common" Form 990 Schedules: A, B & O - Virtual-Supplement - 2025 Schedule B (Forms 990

Supplement - 2025 Schedule B (Forms 990_990-EZ) FORM and INSTRUCTIONS

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Schedule B (Form 990) instructions explain how tax-exempt organizations report contributor information for tax year 2024 and later under a continuous-use format. The schedule is used with Form 990, 990-EZ, or 990-PF to report contributions, grants, gifts, bequests, and similar transfers of money or property.<br /><br />Key points:<br />- Most organizations must attach Schedule B unless they certify they are not required to file it.<br />- The organization must use the same accounting method as on its main return.<br />- Schedule B may be publicly inspected in some cases, especially for Form 990-PF filers and section 527 political organizations.<br />- Social security numbers should not be included.<br /><br />Who must be listed:<br />- Generally, contributors giving $5,000 or more during the tax year must be reported.<br />- Certain 501(c)(3) organizations using the 33 1/3% support test report only contributors exceeding the greater of $5,000 or 2% of total contributions.<br />- 501(c)(7), (8), and (10) organizations have special rules, including a $1,000 threshold for contributions used exclusively for religious, charitable, scientific, literary, educational, or similar purposes.<br /><br />Reporting rules:<br />- Some organizations no longer need to report donor names and addresses, but still must keep records and provide them to the IRS on request.<br />- 501(c)(3) and 527 organizations must still report names and addresses.<br />- Cash, payroll, and noncash contributions are identified separately.<br />- Noncash gifts require completion of Part II, with fair market value rules and additional requirements for appreciated securities, conservation contributions, and Form 8282/8283 handling.<br /><br />Part III applies to certain social and recreational organizations that receive contributions for exclusively exempt purposes and requires additional disclosure of those amounts.

Keywords

Schedule B

Form 990

tax-exempt organizations

contributor information

tax year 2024

contributions reporting

donor thresholds

noncash contributions

fair market value

IRS disclosure rules