I retired at 49 and sold out at the bottom of the market in Mt. Helix in 1991. I live in a small town in SW Colorado and write a check to 12 different local charities in the same amount as my monthly SS check.
My giving will be curtailed if nasty Nancy and her bleeding heart liberal friends raise the rate on dividends and unearned income.
My parents were strong belivers in the charitable giving of time and money. Seems the more I gave, the more I got. Some of you guys on the fast track might give that some thought.
Religious groups operate under the same rules as other non-profits. They don’t pay property taxes but they do pay the assessments. Depends on the state as to whether they pay sales tax or not – California taxes.
Religious organizations have the same responsibility to disclose budgets and annual expenses to their stakeholders as any other non-profit.
Attend your local religious service and you’ll get hit up for mission giving before you get asked for a pledge to support operations.
Lastly, regular religious service attendance means you’ll live longer too – what’s not to like?
Facetious, or maybe even a little sarcastic…. Glad to see you can read between the lines, waitingandwaiting. I wouldn’t want the minimal wit I have totally wasted.
They audit over 1200+ organizations including well known ones like the “Salvation Army” and “World Vision”. They summarize how much of your donations go to serving those in need, to salaries, marketing, etc. A quick reference if you will. The organizations listed voluntarily show their books and are mostly Christian based, but as JG points out Christian ministry account for most of the world’s aid organizations.
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