Sunday, September 9, 2018

Choose A Car Donation Milwaukee Charity Carefully

When planning to give your vehicle to a car donation Milwaukee charity, it is advisable to carefully pick that charitable organization. A motor vehicle is a high value item and many organizations would likely want to get that donation to be able to increase their funding so that they can continue to support the people they have pledged to help. The problem is that some may not be legitimate charities but are actually for-profit companies advertising for several charities. The concept would have been acceptable because they are helping charities to advertise but it turns out that some companies get to keep the lion's share of the money that is raised from the donation.

Make Sure It Is Really a Car Donation Milwaukee Charity

Thus, the first step to take before giving your car to a car donation charity Milwaukee is to make sure that it is really a charity . The way to do this is to check with the IRS and ensure that the organization is 501(c)3 registered. What this means is that it is recognized by the IRS as a charity and that the donor may be able to claim a tax deduction as result of the donation. This also ensures that it is a charity and not a for-profit company, which will certainly not be able to get such a registration.

Make Sure the Charity Will Make Good Use of the Money

There is the possibility that the people who are managing the charitable organization are taking advantage of their position to obtain high salaries. Of course, you wouldn't want that so it is also advisable to check the efficiency of the charity. You can check with the Charity Navigator website the calculated efficiency of your chosen charity. It is often advisable to go for those charities that have an efficiency of at least 80 percent. This means that their overhead costs, such management and marketing costs, are only up to a maximum of 20 percent.

Make Sure the Charity Is Reputable

Finally, you need to make sure that the car donation Milwaukee charity is trustworthy and has a good reputation. This is usually done by checking with the Better Business Bureau or BBB. While the BBB is often used for checking on companies, they also keep files on complaints regarding charities. Thus, you can check with the BBB whether the charity you are considering does not have any unresolved complaints.

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