Qualified Charity

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When you donate to charity, the tax code allows you to deduct your contribution on your tax return only if the charity is qualified. To be considered a qualified charity for federal income tax purposes, a charity must meet the following requirements:

  • There are eight categories of activity that make an entity eligible to receive charitable donations: charitable, educational, religious, scientific, literary, testing for public safety, fostering national or international amateur sports programs, and preventing cruelty to children or animals

  • No part of the organization's earnings can benefit any private shareholder or similar individual

  • The organization cannot attempt to substantially influence legislation or participate in, publish, distribute statements for, or intervene in any political campaign on behalf of any candidate seeking public office

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