How do I determine the value of clothing and household items donated to a local organization?
Generally, non-cash donations are determined by fair market value. Clothing and personal items are usually valued at a price substantially less than the purchase price. Value for these items can be determined by considering the price the items would sell for in a consignment or thrift shop. You may also find values for these items by visiting www.salvationarmyusa.org Household goods are also valued much lower than the original purchase price. Your valuation of these items can be documented by photographs, cancelled checks, receipts from original purchase or other evidence.
