Top 10 Smart Ways To Spend a Tax Refund

More than 1,000 ways to invest tax refund dollars are surveyed for effectiveness, using an “eROI” evaluation process.

ATLANTA /PRNewswire/ — Over the next three weeks, most of America will be receiving a nice little bounty for filing their taxes. On average, each taxpayer will receive a tax refund check for about $3,000, according to the IRS.

The No. 1 question in most households will be, “How do we spend it?” The answer depends on who you are, apparently.
According to research by ROI Ministry Inc. — a not-for-profit organization of marketplace Christians and church leaders who desire to make the greatest impact possible with their God-given resources — 60 percent of Generation Y will head to the bank, while only 36 percent of Generation X will have the discipline to put it away. Fifty-four percent of single men will stash away their tax refund, while 63 percent of single women will find ways to spend it.

To help make some wise choices, Atlanta-based nonprofit has come up with a list: Top 10 Smarter Ways to Spend Your 2013 Tax Refund.

A recent study by Travel Leaders Group found that 43.8 percent of those polled would use some or all of their return on travel. And, according to a new study by eBay, more than one-third of Americans plan to spend it on a vehicle-related purchase.

But, what about those who want to spend the money on something that has longer-lasting impact than that all-inclusive resort vacation or shopping spree at the mall? For them, a donation to a charity or nonprofit could be the best investment. challenged exhaustive research, strategic givers and the largest Christian foundations in the world. After a reviewing nearly 1,000 causes, the donor advocacy group produced a list of the 10 most impactful Christian charities to invest in using a tax refund:


  1. You — Individuals have ability to increase giving impact substantially.
  2. 410 Bridge
  3. Global Outreach Media
  4. Faith Comes By Hearing
  5. Legacy World Mission
  6. Jesus Film Harvest Partners
  7. Compassion International
  8. Gospel for Asia
  9. International Leadership Institute
  10. Equip


To help taxpayers who want to invest their tax refund checks wisely, ROI Ministry and National Christian Foundation (NCF) developed a website to give to the Top 10 Charities on this list.


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