Tax Treatment of Donations to Rebuild Hope
Current Rebuild Hope Tax Exempt Status
Rebuild Hope has received a 501(c)(3) determination letter from both the U.S. Internal Revenue Service and the State of California.
Our EIN# is 26-1659634
Download Determination Letter (page 1 )(page 2 )(page 3)
IRS 501(c)(3) Certification and Tax-Exempt Donations
A public benefit corporation ("non-for-profit" organization) like Rebuild Hope receives a federal tax-exemption when the U.S. Internal Revenue Service has reviewed its application and granted it 501(c)(3) status via a determination letter. Under IRC Section 170 of the federal tax code, individuals giving to 501(c)(3) organizations that are public charities, may deduct contributions representing up to 50% of the donor's adjusted gross income if the individual itemizes on his tax returns. Most states provide similar tax exemptions and deductions when a federal 501(c)(3) status has been achieved and a similar application process completed in each state that the organization operates. For Rebuild Hope, the state of operation is California.
Eligibility Of A Donation For A Tax Deduction
ALL DONATIONS to Rebuild Hope ARE ELIGIBLE for a tax deduction except when a donor REQUIRES that a gift be distributed to a specific beneficiary, i.e, a Type 3 donation. To make this designated donation you must send an email to Rebuild Hope within 24 hours of making your donation and you must specify the name of the required beneficiary. We will then acknowledge receipt of your request.
Donation Receipt
Whenever you make a donation Rebuild Hope will send you a receipt. The receipt will indicate that the donation is eligible for a tax deduction unless it is a Type 3 donation.