Summary

Requires charities and other organizations tax‑exempt under 26 U.S.C. §501(a) that receive any federal funding to make their Form 990 Schedule B donor lists public, with donor name, ZIP code, and contribution totals unredacted and published within 60 days of processing. Establishes an automatic revocation process for tax‑exempt status if such organizations fail to timely file Schedule B, including notice, a public revocation list, and procedures for reinstatement and possible retroactive reinstatement. Applies to returns for taxable years beginning after enactment and directs the Secretary to publish and maintain lists of organizations revoked for failure to file; reinstatement is allowed upon application and a showing of cause for late filing.

• Makes donor names, ZIP codes, and total contributions on Schedule B public for 501(c) organizations that receive any federal funding.
• Requires publication of Schedule B data within 60 days of IRS processing the return.
• Creates an automatic revocation process for tax‑exempt status when covered organizations fail to timely file Schedule B, with a 60‑day notice before revocation.
• Directs the Secretary to publish and maintain a public list of organizations revoked for failure to file Schedule B.
• Allows organizations to apply for reinstatement and permits retroactive reinstatement if they show cause for late filing.
• Applies to returns for taxable years beginning after enactment.
• Shifts long‑standing confidentiality practice for Schedule B by requiring public release for federally funded organizations.
• Increases administrative duties for the IRS to publish data and manage revocations and reinstatements.
• May affect donor privacy and fundraising behavior for organizations that accept federal funds.
• Targets organizations that receive any federal funding, not only those receiving large grants.