Charity car donation programs continue to handle many millions of dollars of transactions each year. The volume has dropped significantly, however, since Congress tightened the rules in 2005.
The best data we can find comes from the annual IRS reports on Individual Noncash Contributions. The reports cover situations where the taxpayer claimed a noncash charitable deduction greater than $500 (and filed IRS Form 8283). These numbers do not cover car donations where the taxpayer claimed a noncash charitable contribution of $500 or less or car donations where the taxpayer did not itemize deductions.
|Year||Cars Donated||Deduction Value||Average Per Donation|
Posted in: Car Donations