Where do I report in-kind contributions on Form 990?
2.3k views |
Last modified 6/23/2023 3:51:59 AM EST
An in-kind contribution is a contribution of a good or service other than money or cash grants.
There are two types of in-kind donations:
- Donation of goods like equipment, inventory, medical supplies, food, etc.
- Donation of services like the use of facilities, advertising space, or professional services.
If your organization received any in-kind contributions for the tax year, it must report them on Form 990 Part VIII (Statement of Revenue), line 1g.