Probably yes – with a benefit better than your charitable deductions
Note: This is a guideline! Please consult your tax professional regarding your specific circumstances.
The dues you pay to NSITSP are deductible as “Dues and Subscriptions” paid to a professional association. Note that the IRS only allows specific kinds of organization dues to be deducted. The NSITSP does NOT provide entertainment as part of our services or as a member benefit. Your dues are deductible under the category of membership “Dues and Subscriptions” as a normal business expense.
Note that this is not a “charitable” deduction as we operate as a 501(c)(6) non-profit rather than a (c)(3) charity. But the good news is: You can deduct your dues as a business expense, which reduces overall taxable income. This is probably better than a charitable contribution, which are often limited to a portion of the taxpayer’s adjusted gross income. Dues are reported as an ordinary business expense and therefore reduce total taxable income dollar-for-dollar.
Bottom line: You’re better off deducting your NSITSP dues as an expense than you would be with a charitable donation of the same size.
A few references to ponder before you contact your tax professional:
See IRS publication P535 https://www.irs.gov/publications/p535#en_US_2021_publink1000209188
Report Dues and Subscriptions on Schedule C. Report professional membership fees and dues and subscriptions for organizations related to your profession on line 48 of the dues and subscriptions Schedule C as Other Expenses, with a memo entry on the nature of the expense. You don’t need to meet the 2 percent threshold.