Glossary / In-Kind Contribution
A non-cash donation of goods, services, or use of facilities.
A non-cash donation of goods, services, or use of facilities. Under FASB ASC 958-605, certain in-kind contributions (especially specialized services) must be recognized as revenue on financial statements.
When leaders share one clear story about money and mission, donors trust you and audits go smoother. Understanding In-Kind Contribution helps your board make decisions without guessing what your numbers mean.
You will see In-Kind Contribution in board packets, grant reports, and donor conversations. The goal is to record activity once and report it consistently—without rebuilding spreadsheets every month.
Alignmint ties fund accounting, donor records, and reporting in one place so terms like In-Kind Contribution show up correctly in your books—not only in a policy memo.
Schedule a free walkthrough—we will help you see fund balances, donor history, and reporting in one system.