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Charities struggle with tax law changes, donor fatigue

Capital Gazette Communications
Published 12/30/05

If it's time to dump the gas-guzzling SUV or just your old clunker, plenty of charities are willing to take it, along with any extra cash you can spare.

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Volunteers of America and Goodwill Industries are among the organizations suffering the effects of a 2005 tax law that limits the deduction allowed on donated cars, boats or planes, versus the usually higher fair market value.

Although taxpayers normally flood charities at the end of the year in order to receive a write-off, many non-profits said even that won't be enough to compensate for what has been a rough year. The new tax law is a double whammy since many are reporting...

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