Document
Agency Information Collection Activities; Submission for OMB Review; Comment Request; U.S. Tax-Exempt Income Tax Returns
The Department of the Treasury will submit the following information collection request to the Office of Management and Budget (OMB) for review and clearance in accordance with ...
SUPPLEMENTARY INFORMATION:
Internal Revenue Service (IRS)
Title:
U.S. Tax-Exempt Income Tax Returns.
OMB Control Number:
1545-0047.
Type of Review:
Revision of a currently approved collection.
Description:
These forms and schedules are used to determine that tax-exempt organizations fulfill the operating conditions within the limitations of their tax exemption. The data is also used for general statistical purposes.
Current Actions:
There have been changes in IRS guidance documents related to various forms approved under this approval package during the past year. There have been additions of forms included in this approval package. Based on updated survey data and actual population counts, there is an overall estimated increase of 14,500,000 hours of burden and $22,600,000 in out-of-pocket costs on respondents. This adjustment in estimates is driven by both an increase in the number filers as well as expected and observed inflation.
Form:
Forms 990, 990-BL, 990-EZ, 990-N, 990-PF, 990-T, 990-W, 1023, 1023-EZ, 1024, 1024-A, 1028, 1120-POL, 4720, 5578, 5884-C, 5884-D, 6069, 6497, 7203, 8038, 8038-B, 8038-CP, 8038-G, 8038-GC, 8038-R, 8038-T, 8038-TC, 8282, 8328, 8330, 8453-TE., 8453-X, 8718, 8868, 8870, 8871, 8872, 8879-TE, 8886-T, 8899 and all other related forms, schedules, and attachments.
Affected Public:
Not-for-profit Organizations.
Estimated Number of Respondents:
1,684,700.
Frequency of Response:
Varies by form: annually, once or on occasion.
Estimated Total Number of Annual Responses:
1,684,700.
Estimated Time per Response:
43 hours, 10 minutes.
Estimated Total Annual Burden Hours:
72,720,000.
Table 1—Fiscal Year 2023 Form 990 Series Taxpayer Compliance Cost Estimates
| |
Type of return |
| Form 990 |
Form 990-EZ |
Form 990-PF |
Form 990-T |
Form 990-N |
| Projections of the Number of Returns to be Filed with IRS |
333,400 |
245,200 |
122,700 |
239,600 |
743,800 |
| Estimates Average Total Time (Hours) |
107 |
64 |
53 |
46 |
5 |
| Estimated Average Total Out-of-Pocket Costs |
$2,600 |
$500 |
$1,900 |
$2,100 |
$20 |
| Estimated Average Total Monetized Burden |
$8,700 |
$1,400 |
$4,100 |
$5,600 |
$90 |
| Estimates Total Time (Hours) |
35,780,000 |
15,770,000 |
6,510,000 |
10,940,000 |
3,720,000 |
| Estimated Total Out-of-Pocket Costs |
$867,200,000 |
$118,600,000 |
$237,200,000 |
$512,700,000 |
$13,800,000 |
| Estimated Total Monetized Burden |
$2,916,100,000 |
$335,200,000 |
$501,300,000 |
$1,346,200,000 |
$64,800,000 |
| Source: IRS:RAAS:KDA:TBL (Dec 2022). |
FY2023 Taxpayer Burden Form 990/990EZ/990PF by Total Positive Income
| Total positive income |
Average time
(hrs) |
Average
out-of-pocket
costs |
Average
monetized
burden |
| 1. <10k |
42 |
$331 |
$744 |
| 2. 10k to 50k |
70 |
578 |
1,418 |
| 3. 50k to 100l |
81 |
721 |
1,922 |
| 4. 100k to 1mil |
91 |
1,507 |
4,264 |
| 5. >1mil |
109 |
3,886 |
13,308 |
| Source: IRS:RAAS:KDA:TBL (Dec 2022). |
Authority:44 U.S.C. 3501 et seq.
Spencer W. Clark,
Treasury PRA Clearance Officer.