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Level 1
June 6, 2019
Question

What is a non cash contribution

  • June 6, 2019
  • 1 reply
  • 15 views
My church is classifying my contributions made by check as "Non-cash contributions" and this seems incorrect. What is the IRS's definition of "non-cash"?

1 reply

Level 15
June 6, 2019

Non-cash contributions are gifts of property with no restrictions placed on them.  Examples would be clothes, books, dishes given to Goodwill.   Also such things as cars or art given to a church or charitable organization for their use or sale. 

A check is cash equivalent, in other words the same as cash

  • Click here for more IRS information on charitable donations.



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