Illinois Car and Truck DonationsCar donation programs in Illinois have become more accepted over the last few years, as a greater amount of charities within IL are participating in used car donation programs. Many charities might accept a unwanted vehicle whether it runs or not. Other car donation programs however will only pick up vehicles in decent shape. When making a decision to donate a used car or truck, you might need to get ahold of the local branch of a chosen non-profit to discover the types of automobiles the charity will accept.
Several charitable organizations in IL outsource to middleman vehicle donation specialist. The specialist take care of managing the car donation process. These middleman provide the funds to the organization after taking their expenses. Some larger organizations operate their own in house vehicle donation program. Whether you choose a organization which works with a third party, or has its own donation program, you will want to ask what amount of the proceeds is used for achieving the mission of the charity. You may also need to get data on what amount of money is used to help those in Illinois.
Choose Your City to Donate a Vehicle in IL
- Arlington Hts
- Beach Park
- Chicago Heights
- Des Plaines
- Highland Park
- Loves Park
- Machesney Park
- Melrose Park
- Mt Vernon
- Orland Hills
- South Beloit
- Stone Park
If the city you live in does not show up in the list above, you should select the city that is closest to your home. A good number of charities with auto donation programs will pick up your car , even if it is far away.
Donate an Unwanted Auto - IllinoisIllinois has a large number of charities which provide car donation opportunities which help fund neighborhood charity branches throughout the state. For many citizens of Illinois, this fact is critical. When you want to help a local charity, you should get a hold of the closest location and find out if the old car you want to donate provides funds to help the nearest branch of your selected charity.
Car Donation Charities in Illinois
Donated Automobile Tax Deduction - IllinoisWhen you decide to donate a non-running auto in Illinois, you will be able to take a tax deduction for the gross sales prices the car brings when sold. When the charitable organization sells the property for more than $500, you will get a tax receipt that allows you to make a deduction of the actual amount of your donated car when filing your tax return. If the car you donated to charity doesn't sell for at least $500, you can determine the fair market value, or FMV . This value is defined as the price an individual would give for the car or truck. By donating a non-running auto in Illinois, it can be thought of as a win-win opportunity for you and the charity. You get rid of the unwanted vehicle. You also get to take a tax deduction. Your selected non-profit sells the used vehicle and uses the funds to put towards the charitable work.
Quick Tips About Auto Donations
If the car you donate is worth more than $500, you will need to file IRS Form 8283 along with your tax return.
What to DonateIllinois charities often welcome the vehicles below.
- Personal Watercraft
- Construction Equipment
- Fishing Boats
- Conversion Vans
- Fifth Wheels