Are Donations to Charities Tax Free?

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The donations that charities receive are completely free of taxes, and the people who make the donations can make a tax deduction as a result of their giving. Read about IRS updates to charitable donations with help from an associate pastor in this free video on charitable donations.

Part of the Video Series: Charity & Christian Doctrine
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Video Transcript

Thinking about giving a donation to your favorite charity? Did you realize that in giving that donation, your charity receives that completely a tax free. There are also many benefits to you giving because there is a tax deduction that comes as a result of your giving to local charities. Now if you give to a legitimate 5013C Non Profit Organization or, or a such; then you can be assured that there is special benefit in that. Not only are you helping that organization, but you are benefiting in tax, as far as taxes are concern. Now I encourage you to look and check, to check out the IRS updates because they are constantly amending different changes, making changes in the law concerning tax free giving. Currently there's a standard deduction that is given to taxpayer's for they're giving to charitable organization, then it also includes some other things as well. But again, I will encourage you to just check out what that is and don't let those things stop or hinder you from your giving; be it giving base simply because of these benefits; but these benefits are simply an added incentive for us, for those of us that love to be able to give to our favorite charities to see our, our money go, being put to good use to support those things that we believe in.

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