Salvation Army Car Donation – There are many benefits of donating, but did you know that donating is tax deductible? At least that is the case for a vehicle donation. As long as you donate your vehicle such as car to registered nonprofits such as the Salvation Army, you can enjoy the tax deductible!
The Salvation Army car donation program has been around for years now, and it has helped the community in many ways. Accepting donations is one of their funding sources, so by donating your car, you are also helping those in need in your community!
There are many reasons why someone might consider donating his or her car. For example, you have bought a new car and you don’t need the old one. Another common condition is that you have an old, abandoned car that’s been sitting in the garage, driveway or backyard that you never uses in years. Whatever the reason is, giving it away might be the best option you should consider because not only you are helping the community, but you also help yourself! That way you can free up some space, get rid of the car without having to repair it first, and you get to have 100% tax deductible!
If you are planning to claim that tax deductible, you might want to read the guidelines from the IRS (link provided in the reference section below). Although most likely the Salvation Army will help you with this, reading it ahead of time is a good way to inform yourself. If you are still unsure, you can always refer to a tax advisor before you donate your car.
Another great thing about this donation process is that –as we’ve indicated above– the Salvation Army accept any kind of vehicle, in any condition. This means that even a heavily damaged car that cannot run anymore is accepted. That said, we still encourage you to clean the car beforehand, just because it’s a good thing to do.
Salvation Army Car Donation – How to Donate
Donating your vehicle is a hassle-free process. You can either go online to your state’s Salvation Army site and complete the simple form there, or you can call 1-800-SA-TRUCK (728-7825). After you inform the Salvation Army, they will call you back within 3 business days to inform the pickup time and also the stock number for your donation.
When the Salvation Army truck comes to pick the car up, they will also provide tax deductible receipt. Feel free to ask them about the whole process. Additional information needed will be mailed after the car is sold because the amount of tax deductible you can get depends on how much money the Salvation Army get after selling the vehicle.
The cars that are still running will be sold in a monthly online auction of Salvation Army. One more important point I almost forget to mention is that the typical price for the auction is usually higher than your regular auction, so it’s another win for the donator!
Where Does the Money Go?
Some of you must be wondering how the Salvation Army will use the money from your donated car. Don’t worry, it is used for the good cause. The money will support the Adult Rehabilitation Center (ARC), which activities include assisting men and women who are addicted to alcohol and illegal substance. The ARC mainly supports these people by giving them a healthy environment, along with counseling and therapies.
So to wrap things up, we highly encourage everyone who has an unused car or other vehicles to donate! The SA will accept them, no matter how broken they are. The donation is completely free, and they will pick the car up for you! Not only that, the Salvation Army donate car is 100% tax deductible!
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References:
- A Donor’s Guide to Vehicle Donation
- Image: salvationarmyalm.org
