You’ve decided to donate an unwanted vehicle, but you’re not sure where to begin. You will find here best 5 Car Donation Charities.
Finding a reputable charity that satisfies the requirements for an income tax credit for charitable contributions, has a mission in which you have faith, and makes effective use of gifts is the difficult part.
Take a look at some of the most recognized organizations in the world who gladly welcome donation of used cars.
The Top 5 Charites Accepting car donation
Habitat for Humanity
Donations of automobiles, trucks, motorbikes, recreational vehicles, boats, snowmobiles, agricultural equipment, and construction equipment are all gratefully accepted by Habitat for Humanity. Vehicles are either resold or recycled to collect money to support the organization’s aim, which is to construct healthy and inexpensive houses for families in order to collect money to support the aim of the organization, which is to construct healthy and inexpensive houses for families who are in need.
On a scale that goes from A+ to F, the monitoring organization CharityWatch has given Habitat for Humanity International a grade of B for its fiscal policies and procedures. According to CharityWatch, the group allocates 73% of its funding to programs, which is quite low when compared to its overhead costs, and it spends an average of $27 to earn $100 in donations.
In the year 2020, the nonprofit organization research organization Guidestar presented Habitat with its Gold Seal of Transparency.
You can utilize the Automobile Donation Wizard on the Habitat for Humanity website or call 877-277-4344 to provide information about your vehicle and schedule a pickup if you would like to donate a car to the organization.
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The Charities Operated by the Ronald McDonald House
Donations of automobiles, trucks, yachts, recreational vehicles, and other types of vehicles may be accepted by the Ronald McDonald House Charities (RMHC) chapter in your area. The charity will sell the vehicles and then put the earnings toward helping families by providing a “home away from home” for the duration of their child’s stay in the hospital while the youngster is being treated for a serious illness or injury.
A perfect score has been awarded to the RMHC National Office by CharityWatch. The watchdog claims that the organization allocates 88% of its budget to programs, rather than administrative costs and that it expends $9 for every $100 it brings in through contributions.
Call RMHC at 855-227-7435 or go online to the organization’s car donation webpage Charitable Adult Rides & Services (CARS), a nonprofit organisation that works in partnership with RMHC to accept vehicle donations, will pick up your vehicle at no cost to you and send you the documentation you need to claim a charitable contribution on your taxes. Charitable Adult Rides & Services (CARS) is an acronym for Charitable Adult Rides and Services.
The Army of the Salvation
Donations of vehicles are welcome at certain Salvation Army facilities across the country. The proceeds from the sale of the donated automobiles are used to finance a wide variety of organizations, such as those providing disaster relief, housing for the homeless, food pantries, services for veterans, job training, and many more.
The organization that is the Salvation Army is divided into four territories: the central territory, the eastern territory, the southern territory, and the western territory. CharityWatch has assigned a grade of B+ or above to each one.
You can obtain information about the Salvation Army’s services for donating vehicles in your area by visiting its website.
Goodwill
Although you are unable to leave a car at any of the Goodwill donation centers, the organization does accept contributions of automobiles, recreational vehicles, boats, motorbikes, and many other types of specialty vehicles. All donated cars are put up for sale and sold, with the earnings going toward supporting Goodwill’s vocational services.
CharityWatch has awarded Goodwill Industries International an A grade, noting that the organisation spends 87% of its funding on programs as opposed to overhead costs, and that it only spends $2 to earn $100 in donations.
To get the process started, visit GoodwillCarDonation.org and fill out the online form to donate a vehicle there, or call 855-980-0171. The group will send you a receipt and make arrangements to take up the vehicle.
Canine Companions for People Who Are Elderly or Disabled
Canine Companions for Independence provides service dogs to disabled children, adults, and veterans, as well as facility dogs to professionals working in the fields of education, health care, and criminal justice.
Canine Companions received a grade of B from CharityWatch, which reflects the fact that the organization allocates 68% of its total budget to its many programmes and spends $20 on fundraising for every $100 that it receives in donations.
The organization will take running or non-running automobiles, trucks, boats, airplanes, motorcycles, and other types of vehicles as donations. You have the option of initiating your contribution either online or by phoning 866-398-4483.
Making a Donation of Your Car and Receiving a Tax Break
Before you donate your car to a charity, it is in your best interest to familiarize yourself with the guidelines that the Internal Revenue Service (IRS) has established for charitable donations. This will allow you to determine whether or not you are eligible to take the deduction that you are anticipating taking. The following suggestions may be of assistance:
Make a point to itemize your deductions.
You have to itemize your deductions in order to benefit financially from donating your automobile. In most cases, the sum of all of your itemized deductions — which includes things like out-of-pocket medical expenses, interest on a home mortgage, state and local taxes, and deductions for charitable contributions — needs to be higher than the standard deduction that is applicable to your filing status. Because this is a challenging obstacle for many taxpayers, you should probably consult your tax expert before donating a car to determine whether not itemizing and your deductions will be beneficial to you.
Gather all of the necessary documentation.
Because the Internal Revenue Service (IRS) has stringent standards regarding the documentation of vehicle contributions, you will need to obtain the appropriate papers in order to claim a write-off. The majority of organisations will sell donated vehicles, and the amount of money you can deduct from your taxes is determined on the amount of money made from the sale. After the charity has sold the car, you should receive a Form 1098-C from them confirming the date and price of the sale. Check out Publication 4303, A Donor’s Guide to Vehicle Donations, which is available from the Internal Revenue Service for additional information.
Bottom Line
Even though you won’t receive a tax deduction for donating your car, the organization that receives it is certain to value the contribution anyway. After all, even a clunker that doesn’t operate can be sold for scrap metal if it’s in good enough condition.
Just make sure to conduct some research on the organization that will receive your vehicle donation and get your paperwork in place if you want to take a deduction on your taxes. If this is the case, giving the charity your old vehicle will be beneficial to both parties involved.
FAQ
How do I donate a car in CT?
How do I donate a car in NJ?
1) You can make a donation by calling 1-877-646-1976 or by filling out a form online…
2) You are eligible for a free pick-up or towing of your vehicle, regardless of whether or not the vehicle is operational.
3) When it comes in the mail, save the receipt that can be deducted from your taxes.