If your donation is worth more than $500, you’ll have to attach IRS Form 8283 to your tax return. If it’s worth more than $5,000, your documentation must include an outside appraisal. You’ll also need proof of the donation, such as a receipt from the charity and a copy of the title change.
While there are certainly some charities that overpay their leaders, Charity Navigator's data shows that those organizations are the minority. Among the charities we've evaluated, the typical CEO salary is roughly $150,000. Before you make any judgments about salaries higher or lower than this average, we encourage you to keep in mind that these charities are complex organizations, with multi-million dollar budgets, hundreds of employees, and thousands of constituents. These leaders could inevitably make much more running similarly sized for-profit firms. Furthermore, when making your decision it is important to consider that it takes a certain level of professionalism to effectively run a charity and charities must offer a competitive salary if they want to attract and retain that level of leadership.
