501(c)(3) Donation Receipt

Written by True Tamplin, BSc, CEPF® | Reviewed by Editorial Team

Updated on December 14, 2022

Is a Donation to a 501(c)(3) Tax Deductible?

A donation receipt is a document given to a donor as a record of their donation. The IRS requires that 501(c)(3) organizations provide donors this receipt. Donations to 501(c)(3)s may be tax deductible, and so having a receipt as proof of donation for the IRS is required.

How Much of a Donation to a 501(c)(3) Is Tax Deductible?

Generally, you may deduct up to 50% of your gross adjusted income. In order to deduct donations to a 501(c)(3) or other qualified institution, the donations must be itemized. A 501(c)(3) should send you a donation receipt, but if they have not, ask for one before trying to deduct the donation.

501(c)(3) Donation Receipt FAQs

What is a 501(c)(3) organization?

A 501(c)(3) organization is a non-profit organization with tax exempt status that is dedicated to the general well-being of society.

What is a 501(c)(3) donation receipt?

A donation receipt is a document given to a donor as a record of their donation. The IRS requires that 501(c)(3) organizations provide donors this receipt.

Is a 501(c)(3) organization tax exempt?

A 501(c)(3) organization is tax exempt so long as it remains true to its stated mission and remains compliant with the IRS.

What does 501(c)(3) mean?

501(c)(3) is the internal revenue code (IRC) section for organizations with tax exempt status. 501(c)(3) falls under internal revenue code 501(c).

About the Author

True Tamplin, BSc, CEPF®

True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.

True is a Certified Educator in Personal Finance (CEPF®), author of The Handy Financial Ratios Guide, a member of the Society for Advancing Business Editing and Writing, contributes to his financial education site, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.

To learn more about True, visit his personal website, view his author profile on Amazon, or check out his speaker profile on the CFA Institute website.

Find Advisor Near You