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What are car donation programs, and what are some worthy car donation charities?

Asked by: Admin 15 views
Finance

The IRS allows US taxpayers to donate unwanted cars and vehicles to charities that have car donation programs.  Car Donations have become popular due to the tax benefit received.  The owner of the vehicle receives a tax deduction for the car, and the non-profit organization receives income, as the vehicles are usually sold. 

Car Donations provide valuable operating revenues to many charities.  The process varies according to the charity that you choose, so if you are considering a car donation, please speak with your favorite charity about their process.  Some popular car donation programs are listed below: