Arizonans and local food bank can benefit from charitable tax credit

Donating to a local food bank before the end of 2015 will help feed the hungry and help you at tax time.

Arizona’s charitable tax credit means married couples can receive a tax credit for a donation up to $400. It is a maximum of $200 if you are single.

For St. Mary’s Food Bank in Phoenix, every dollar donated equals seven meals for Arizona’s hungry. $400 means even more.

“You’re talking about 2,800 meals which could be provided by a $400 tax credit,” said Jerry Brown, director of public relations for St. Mary’s Food Bank.

Brown said those donations go a long way not just during the holiday season but throughout the upcoming year. He said about 40 percent of yearly donations are received in November and December.

“The fact of the matter is people don’t think of making those donations as much during the other 10 months of the year as they do in November and December,” Brown said. “We try to provide what we can during the holidays but stretch those donations as far as we can into the new year.”

If you want to take advantage of the charitable tax credit, you must make a donation by New Year’s Eve. Donate to St. Mary’s here.

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