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Lisette3
New Member

Do donations to a "Go Fund Me" account considered as charitable contributions?

 
1 Reply
Phillip1
New Member

Do donations to a "Go Fund Me" account considered as charitable contributions?

No, unless the GoFundMe campaign was for the benefit of a qualified organization

Deductible charitable contributions must be donated to IRS recognized charitable organizations. See the following from IRS Publication 526:

Contributions You Can Deduct

Generally, you can deduct contributions of money or property you make to, or for the use of, a qualified organization. A contribution is “for the use of” a qualified organization when it is held in a legally enforceable trust for the qualified organization or in a similar legal arrangement.

The contributions must be made to a qualified organization and not set aside for use by a specific person.

Types of Qualified Organizations

Generally, only the following types of organizations can be qualified organizations.

  1. A community chest, corporation, trust, fund, or foundation organized or created in or under the laws of the United States, any state, the District of Columbia, or any possession of the United States (including Puerto Rico). It must, however, be organized and operated only for charitable, religious, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Certain organizations that foster national or international amateur sports competition also qualify.

  2. War veterans' organizations, including posts, auxiliaries, trusts, or foundations, organized in the United States or any of its possessions (including Puerto Rico).

  3. Domestic fraternal societies, orders, and associations operating under the lodge system. (Your contribution to this type of organization is deductible only if it is to be used solely for charitable, religious, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals.)

  4. Certain nonprofit cemetery companies or corporations. (Your contribution to this type of organization isn't deductible if it can be used for the care of a specific lot or mausoleum crypt.)

  5. The United States or any state, the District of Columbia, a U.S. possession (including Puerto Rico), a political subdivision of a state or U.S. possession, or an Indian tribal government or any of its subdivisions that perform substantial government functions. (Your contribution to this type of organization is deductible only if it is to be used solely for public purposes.)

 The following list gives some examples of qualified organizations.
  • Churches, a convention or association of churches, temples, synagogues, mosques, and other religious organizations.

  • Most nonprofit charitable organizations such as the American Red Cross and the United Way.

  • Most nonprofit educational organizations, including the Boy Scouts of America, Girl Scouts of America, colleges, and museums. This also includes nonprofit daycare centers that provide childcare to the general public if substantially all the childcare is provided to enable parents and guardians to be gainfully employed. However, if your contribution is a substitute for tuition or other enrollment fee, it isn't deductible as a charitable contribution, as explained later under Contributions You Can't Deduct .

  • Nonprofit hospitals and medical research organizations.

  • Utility company emergency energy programs, if the utility company is an agent for a charitable organization that assists individuals with emergency energy needs.

  • Nonprofit volunteer fire companies.

  • Nonprofit organizations that develop and maintain public parks and recreation facilities.

  • Civil defense organizations.

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