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During tax season, providing prompt and accessible 501(c)(3) receipts is crucial for maintaining strong donor relationships and ensuring IRS compliance. A donation receipt serves as a formal acknowledgment of contributions to a registered tax-exempt organization in the U.S., enabling donors to reduce their taxable income. Timely delivery of receipts, typically within 24 to 48 hours after a donation, enhances donor satisfaction, especially in online transactions where anxiety about donation success can arise. It's important to issue receipts for any single donations over $250, particularly when donors receive goods or services in return.
