Charitable Tax Deduction for bread

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  • This topic has 1 reply, 2 voices, and was last updated 1 week, 5 days ago by Katherine Kehrli.
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    Katherine Kehrli

    The Community Loaves – estimated credit /value per loaf is $2.00. Actual cost of ingredients varies based on what folks choose for honey, oatmeal, etc. But when we first started I did a detailed pricing with ranges and we stuck with $2.00.

    You will receive a full statement acknowledging time, loaves and funds donated.

    This statements will be available end of the month.

    Sandpoint Bakers your loaves cost a bit more, due to the price of the Hillside Grain flour.

    Hope this helps.  Great question.

    Jodi Lindsey

    Has anyone calculated the cost to make a loaf of bread?  Looks like we can deduct the costs to make the bread as a charitable contribution, not our labor.

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