Yes, your cryptocurrency donation is tax deductible!* Gospel Center Rescue Mission offers supporters who want to donate cryptocurrency to charity the ability to give in a tax-efficient way. The IRS classifies cryptocurrency donations as property, meaning they are not subject to capital gains tax and are tax-deductible. Your contribution is tax-deductible to the fullest extent permitted by law.
*Please consult your tax advisor. You can donate anonymously but you will not receive a tax receipt unless you provide at least your email address.