Donation Receipt Generator

A donation receipt is the written acknowledgment a nonprofit gives its donor, and for gifts of $250 or more, it's the document the IRS requires the donor to hold before claiming a deduction. This generator includes the sentence most homemade receipts miss: whether any goods or services were provided in return, which is what makes the acknowledgment valid.

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DONATION RECEIPT
Receipt No. D-2026-118
Amount received
$500.00
OrganizationCedar Grove Food Pantry
EIN82-4471903
Received fromJordan Lee
DateAugust 12, 2026
Goods or servicesNo goods or services were provided in exchange for this contribution
Authorized signature
Title / date
Keep this acknowledgment with your tax records. No portion of this receipt constitutes tax advice.

How Long to Keep This Document

Federal minimums for small businesses. States and industries can require longer; when two rules apply, keep the record for the longer period.

RecordKeep at leastRule
Receipts and expense records backing a tax return3 yearsIRS general limitations period (6 if income is underreported by more than 25%)
Invoices and sales records3 yearsIRS: records supporting income on a filed return
Payroll records (wages, pay dates, hours totals)3 yearsFLSA 29 CFR 516
Timesheets and time cards behind wage computations2 yearsFLSA: records on which wage calculations are based
Employment tax records (payroll tax filings)4 yearsIRS: after the tax is due or paid, whichever is later

Source: IRS Pub 583; IRS employment tax rules; DOL FLSA Fact Sheet #21 · checked 2026-08

What to Know About Donation Receipts

Frequently Asked Questions

What must a donation receipt say for the IRS?

The organization's name, the date and amount (or description of non-cash property), and a statement of whether goods or services were provided in return. With a good-faith value estimate if they were. For gifts under $250 the donor can rely on bank records, but organizations typically receipt everything.

Does the charity or the donor value a non-cash donation?

The donor. The receipt should describe the item ('12 boxes of children's books') but not assign a dollar value. Valuation is the donor's responsibility, and charities that state values create problems for both sides.

When should receipts go out?

Best practice is immediately, and no later than January 31 for the prior year's gifts, so donors have them before filing. The IRS requirement is that the donor holds it by the earlier of filing or the due date.

Related Documents

This generator produces a general-purpose document, not legal, tax, or accounting advice. How our generators are built and checked →