Are 501c3 Donations Tax Deductible?
Overview of 501(c)(3) Organization Donations A donation to a 501(c)(3) organization is typically tax-deductible. Individuals can claim donations as deductions up to 50% of adjusted gross income. Non-cash gifts also apply but valuation is key. Large non-cash gifts over $10,000 may require professional appraisal. Vehicle gifts have special rules. Public charities must receive revenue from … Read more