In-Kind donations along with cash donations act as a lifeline for the work we do. ICNA Relief has numerous programs and campaigns where we rely heavily on in-kind donations from corporate and individual donors. On an average, we receive around $3 million worth of goods every year from donors like you, which are then distributed all across the US among needy individuals and families. If you are ready to make an in-kind donation, we would advise you to go through our guidelines below to better understand the procedure.
What Is An In-Kind Donation?
In-kind donation or gifts in kind are non-monetary donations made to qualifying charities like ICNA Relief. These donations can be tangible like household items or intangible like time and services.
Valuing the Donation
Valuation of items for tax purposes is the responsibility of the donor as charitable organizations are not permitted to do that. We do list all the available details of donated items or services on receipts except their fair market dollar value unless the items are brand new and receipts are accompanied.
Deducting A Donation
As per IRS rules, only tangible goods can be deducted while filing taxes whereas services and time, though in-kind donations, cannot be deducted.
For further details in this regard, please refer to your tax accountant or IRS publication-526 titled Charitable contributions here: https://www.irs.gov/pub/irs-pdf/p526.pdf
What is Needed
Types and categories of items needed vary from location to location as not every region offers all of ICNA Relief’s 7 major programs. We advise you to connect with your nearest ICNA Relief branch here to know the local needs. Unsolicited donated goods such as used clothing, miscellaneous household items and mixed or perishable foodstuffs require us to redirect valuable resources away from providing services to sort, package, transport and distribute items that may not be needed in first place. Some of the commonly needed items under different programs are as followed:
Used Cars, Household items like furniture, electronics, cleaning supplies, hygiene products, kitchenware, home appliances etc.
Halal unexpired packaged/canned food items i.e rice, flour, spices, fresh halal meat, etc.
Household items like furniture, electronics, kitchenware, hygiene products, home appliances etc.
Unexpired sealed/packed medicines in bulk, medical equipment and supplies.
Disaster Relief Services:
In case of disaster, a list is issued for items needed. Please subscribe to our newsletter social media pages to receive the latest news on how you can help.
Winter clothing, toy, halal meat or food drives are some of our seasonal campaigns, held during different periods of the year. We accept new or near new winter clothing, toys and unexpired halal food items during these campaigns.
Car donations help needy families near you get to where they have to go. Every year ICNA Relief acts as an intermediary between hundreds of car donors and needy families in neighborhoods throughout the country.We don’t sell you car instead we find a deserving person or family and hand it over to them. These families include newly arrived refugee families or families who are financially struggling to cope up with the rising cost of living and can’t afford to buy a car. If you are thinking of making a car donation to ICNA Relief, we would advise you to go through the following guidelines to better understand the procedure.
How It Works
- Your car should be in drive-able and working condition as we hand it over to a needy family in an “as is” condition. Please note, we don’t offer towing services at the moment or accept “junk” cars.
- Contact your nearest ICNA Relief branch to see whether there are any families in need in your area. If our local office is looking for a car donation, which is the case most of the time, you will be contacted shortly.
- Once the car is picked up by our area coordinator and necessary paperwork i.e title is provided, you will be issued a written acknowledgment or Form 1098-C within 30 days of the donation.
- Once you have the written acknowledgment or Form 1098-C, you may claim this donation as a deduction on your federal tax return if you itemize it on Schedule A of Form 1040.
How Much You Can Deduct
As per IRS Publication 4303 (Rev. 1-2015) titled as “A donor’s guide to Vehicle Donation” page-4 section “Exceptions to Gross Proceeds Limit,” you are eligible to deduct your vehicle’s fair market value on your tax return.
In order to calculate the vehicle’s fair market value (FMV), the following suggested resources may be used:
- Publication 4303, A Donor’s Guide to Vehicle Donation https://www.irs.gov/pub/irs-pdf/p4303.pdf
- Form 1098-C, Contributions of Motor Vehicles, Boats, and Airplanes https://www.irs.gov/pub/irs-pdf/f1098c.pdf