The best charity is given in Ramadan:
The Prophet (Sallallahu Alaihi Wassallam) said, “The best charity is that given in Ramadan.” (At-Tirmithi).
Charity extinguishes sins, and expiates evil deeds
The Prophet (Sallallahu Alaihi Wasallam), said:“Charity extinguishes sin as water extinguishes fire.” [At-Tirmithi]
Charity increases wealth:
The Prophet (Sallallahu Alaihi Wasallam), said: “Allah The Almighty Says, ‘O son of Adam, spend and I will spend on you.” [Muslim]
Therefore let us give as much as we can in the way of Allah and know that it is an expiation of sin and will cause a long term increase in our wealth in this world and immense good deeds in the next world!
Gaining the reward of a fasting person:
“Whoever provides food for breaking of the fast for a fasting person receives the reward of the fasting person, without the reward of the fasting person being reduced in any way.”[Tirmidhi & Ibn Majah]
Then let us feed as many people as we can, whether it is our family, relatives and friends, people at the local Masjid and especially the poor and destitute.