It is likely that you have heard of the fact that you can donate a car to a charitable organization in Milwaukee, Wisconsin, and then you can deduct the value of the car from your taxable income. Furthermore, finding a donate car Milwaukee charity is now incredibly easy, with more and more organizations jumping on the bandwagon. But with all of the possible choices, how do you find one that is a truly good option?
What to Look for in a Good Donate Car Milwaukee Program
There are a couple of things you should look for in particular if you want to donate a car to charity:
1. The charity should be 501(c)3 registered. Without that, you will not be allowed to claim a tax deduction. A 501(c)3 registered organization cannot have any political affiliations, nor can it lobby the government, or financially support election campaigns.
2. The charity should be highly efficient. Organizations, such as Charity Watch, allow you to look up how much of every dollar donated to a charity will actually go directly to their service users and not to associated costs, such as advertisement, marketing, management, or administration. An efficiency rating of at least 85% is the recommended minimum level.
3. The organization that will deal with your donation should really be a charity, and not a middleman representing a charitable organization. These middlemen are the ones putting the huge billboards and other advertisements up to encourage you to donate. The problem with middlemen is that they will keep a major portion of the proceeds.
Spotlight on a Particular Charity
One charity that you may want to consider is Rawhide, with website at http://www.rawhide.org. Charity Navigator, for instance, gives this charity a 5 star rating and an overall 90.11% score. This puts it in the top tier of charities, with both accountability and transparency, and its financial is in the top levels. In the fiscal year ending December 2015, the charity raised $7,998,153. This was completely raised from independent donors. And the work that it does impacts almost every level of society, as it works with at risk young people and their families, helping to improve their lives.
