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See, it's not just Holt, it's the whole city!
Salt Lake Tops List as America’s Most Giving City; San Antonio Most Stingy
New List from TurboTax Identifies Cities That Give the Most to Charity
SAN DIEGO--(BUSINESS WIRE)--Salt Lake City is America’s most giving city, according to a new list of America’s Most Giving and Stingiest cities from TurboTax®, the top-rated tax software from Intuit Inc. (Nasdaq:INTU). The list, based on average charitable contributions, shows that Salt Lake residents on average contributed just under $2,200 per person. That amount is almost double the national average of $1,230 in charitable contributions.
Claiming the top spot on America’s Stingiest City list is San Antonio, where residents donated far less to their favorite charities, doling out on average just over $700 per resident, as reported on Schedule A of the federal 1040 tax form.
The rankings are, with average charitable contribution per taxpayer in parenthesis:
Code:Top 10 Most Giving Cities Top 10 Stingiest Cities 1. Salt Lake City, Utah ($2,196) 1. San Antonio ($717) 2. West Palm Beach, Fla. ($1,874) 2. Buffalo, N.Y. ($728) 3. Washington, D.C. ($1,848) 3. Albuquerque, N.M. ($749) 4. New York ($1,819) 4. Pittsburgh ($769) 5. San Francisco Bay Area ($1,681) 5. Providence, R.I. ($803) 6. Atlanta, Ga. ($1,665) 6. Orlando, Fla. ($880) 7. Baltimore ($1,618) 7. Columbus, Ohio ($913) 8. Birmingham, Ala. ($1,524) 8. Cleveland, Ohio ($915) 9. Charlotte, N.C. ($1,430) 9. Tampa-St. Petersburg ($932) 10. Los Angeles ($1,422) 10. Harrisburg, Pa. ($954)
Help Others, Help Yourself
The residents of Salt Lake City know that giving to charity not only helps others, but it also helps cut their tax bill. Charitable contributions, both cash and donated items, are among the more than 350 possible deductions and credits included in TurboTax Deluxe Deduction Maximizer. TurboTax is the most trusted tax software package, helping millions of Americans year after year prepare and file their taxes with confidence – no matter which city they live in.
The list is compiled based on Internal Revenue Service data for tax year 2004 for top 50 markets for total federal tax returns filed. The full list of all 50 markets, along with average charitable contribution per taxpayer, follows this release.
About Intuit Inc.
Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses, consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax® software, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit’s leading tax preparation software suites for professional accountants.
Founded in 1983, Intuit had annual revenue of $2.3 billion in its fiscal year 2006. The company has nearly 7,500 employees with major offices in 13 states across the United States, and offices in Canada and the United Kingdom. More information can be found at www.intuit.com.
Intuit, the Intuit logo, and TurboTax, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of their respective owners and should be treated as such.
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(sorry the code is messed up in the chart .. go to the link)
See, it's not just Holt, it's the whole city!
One thing that does skew that list is that the info is for people who itemize their deductions who would normally be in higher income brackets. In proportion to their income, some lower income people actually give much more generously.
I don't claim charitable contributions on taxes. I figure it's not really giving if you get it back.
The Mormon Chuch requires at least 10% of your income in hing each week, so the Church is the main reason for them being so "generous"
And that bas Ken Jennings is probably screwing up the average. I think something similar happened to get Dallas in the top 15. How much money are they donating to Finley alone?
what is it a bunch of jews or something?
YOU BEAT ME TO IT!
I know. I actually know people that actually write off hes. That's a slap in the Lord's face.
That doesn't make any sense. If you got a higher tax refund, you could give that money to charity too, without any additional out-of-pocket cost to you.
That makes no sense. "Give Caesar's what is Caesar's, and God what is God's." Here, Caesar is just saying that the more you give to God, the less you owe him. That sounds like a good deal. he your refund. Give it all if you like. Just don't leave money in Uncle Sam's pocket because you think it offends God not to. That's absurd.
Maybe San Antonians are not so much less charitable than people in other cities, than they are just less savvy with their finances, if these two are any indication.
You are the most backwards thinking poster on this board. Seriously
God hates vaccines and unnecessary charitable donations.
Got it.
Damn, this makes me want to set up a charity that gives out vaccinations.
That'll show God!
Actually, this list was done byu Turbo Tax and only took into account taxes done only via Turbotax.
A similiar list done by the Chronicle of Philanthropy named SA the 8th most charitable city in 2003 based on city wide tax data.
The top 10 most generous cities:
1. Salt Lake City-Ogden, Utah: 14.9 percent
2. Grand Rapids-Muskegon-Holland, Michigan: 10 percent
3. (tie) Minneapolis-St. Paul, Minnesota: 8.5 percent
3. (tie) Greensboro-Winston-Salem-High Point, North Carolina: 8.5 percent
5. (tie) Memphis, Tennessee: 8.4 percent
5. (tie) Dallas-Fort Worth, Texas: 8.4 percent
7. Nashville, Tennessee: 8.3 percent
8. (tie) San Antonio, Texas: 8.1 percent
8. (tie) Houston-Galveston-Brazoria, Texas: 8.1 percent
10. (tie) Oklahoma City, Oklahoma: 8 percent
10. (tie) Norfolk-Virginia Beach-Newport News, Virginia: 8 percent
The top 10 stingiest cities:
1. Hartford, Connecticut: 4.7 percent
2. Providence-Fall River-Warwick, Rhode Island: 5.1 percent
3. Boston-Worcester-Lawrence, Massachusetts: 5.2 percent
4. Buffalo-Niagara Falls, New York: 5.8 percent
5. (tie) New Orleans, Louisiana: 5.9 percent
5. (tie) Las Vegas, Nevada: 5.9 percent
7. Austin-San Marcos, Texas: 6.0 percent
8. (tie) Pittsburgh, Pennsylvania: 6.1 percent
8. (tie) Miami-Ft. Lauderdale, Florida: 6.1 percent
8. (tie) Philadelphia-Wilmington, Delaware-Atlantic City, New Jersey: 6.1 percent
this from the guy with the most grown up, mature avatar. you must be a very lonely, sad individual. you make eeyore look like dakota fanning.
Not that I care, but I was stating that people that write off hes are really giving up nothing. Which in turn nullifies the whole meaning of hing.
How are you giving up nothing? Please explain.
Well, you give your hes, then you write it off and get it back with your refund. That is not hing to me. It sounds like a loan to me.
If it is a deduction you're effectively only getting back 40% or whatever your tax rate is. If it's a tax credit you effectively get all of it back. I think it's a deduction though.
What's a refund?
tax refund.
we're splitting hairs.
I believe that was what is commonly referred to as "a joke."
Really???
I was joking...I haven't seen a refund for about 20 years.
Huh? So if you give $1,000 and you save 40% in taxes which means you are out of $600 it doesn't count?
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