Section 6033 of the Internal Revenue Code requires tax exempt organizations to file an annual report. Form 990 fulfills this requirement. Many citizens utilize the information from Form 990 to evaluate the non-profit organization they donate to annually. The 990 covers much of the information any citizen desires to know about the charity of their choice.
Schedule B – Form 990
Schedule B of Form 990 is a report (list) of contributors that donated more than $5,000 during the fiscal year to the non-profit organization. This list is used by the IRS to substantiate information reported by taxpayers when they identify their charitable gifts on Schedule A of Form 1040.