Form 990 is used by tax-exempt organizations, nonexempt charitable trusts, and section 527 political organizations to provide the IRS with the information required by section 6033. It ensures transparency regarding the financial activities of these organizations and helps maintain their tax-exempt status.

Tax-exempt organizations, nonexempt charitable trusts, and section 527 political organizations that meet the filing thresholds.

Form 990 is an annual information return required for certain tax-exempt organizations to report their financial activities and maintain tax-exempt status.

Organizations with annual gross receipts of $50,000 or less, certain religious entities, and some government corporations do not need to file Form 990.

Form 990 can be filed electronically through an authorized e-file provider.