There is a very old saying, 'Charity begins at home'. If you believe this to be true and you have an old car that no longer serves you a purpose, then here is your big chance to live that old saying. Take your car keys and hand it over to Outreach Center, a non-profitable charitable organization that runs a vehicle donation program. Their mission in life is very simple: to help those poor and helpless, homeless children who have lost all hope in life. Outreach Center looks forward to turn the dismal life of all such children into a happy one. They want to give these children a reason to live, laugh and grow up into responsible individuals. What this organization requires is support from those who can give up their junk cars for charity.
How Does This New York Car Donation Work?
Outreach Center is a 501(c) [3] classified organization which marks them to be one such organization that does not accept charity for their own betterment and which offers tax deduction on the vehicle that is donated. However, before giving up your car, make sure that you have checked on certain things:
Check the Charity
Check whether you are entitled to a tax deduction
Check the value of your vehicle
Check what your responsibilities are as a donor
Does Outreach Center Only Accept Cars?
No. The
vehicle donation program under Outreach Center also accepts boats, travel trailers, RVS, fleet vehicles and even real estate. For those who are interested, can always give them a call and find out exactly what do they accept as a part of their New York car donation program.
What Benefits Does a Vehicle Donor Derive Out of This New York Car Donation Program?
As the car donor, when you are giving your car up for charity to Outreach Center, you are getting entitled to a tax deduction. According to the Internal Revenue Service (IRS), donors are entitled to a tax deduction on the donated vehicle for the lower of its Fair Market Value (FMV) or $500, or the selling price at auction if the amount should exceed $500. If the donation value exceeds $500, then Outreach Center will ensure that all the paperwork necessary to document larger donations reaches you as well as your accountant at the earliest.
Does Outreach Center Only Accept Cars?