To Top

Determining the Value of a Craft Materials Donated to Charity

What is the value of yarn to be donated to a charity? I have a large box filled with yarn for donation, as well as, patterns, knitting needles, and latch and crochet hooks. The yarn varies, some wool, some nylon, etc. and varies in color, but most is enough to make something.

Ad

By A Cohen

We are giving away $200 in Amazon gift cards for people who answer questions on ThriftyFun in February! Click here to find out more...

Add your voice! Click below to answer. ThriftyFun is powered by your wisdom!

July 27, 20110 found this helpful
Best Answer

When I used to donate things if I wanted a receipt for tax purposes, I was told to estimate what you think the items are worth, you do a lump sum, not for each item.

Reply Was this helpful? Yes
July 28, 20110 found this helpful
Best Answer

Guesstimate the weight of the yarn (by types), the number of knitting needles, latch hooks, and crochet hooks (by size), then do a search on the Internet for comparable values of these items. Those figures will give you a good idea about the value of your donations.

Reply Was this helpful? Yes
Ad

Add your voice! Click below to answer. ThriftyFun is powered by your wisdom!

Related Content
In This Guide
Woman with a box labeled Donation Clothes
Determining Fair Market Value of Donations
Categories
Better Living Charity AdviceJuly 26, 2011
Guides
Old Encyclopedias on Shelf
Finding the Value of Old Reference Books
Belt on White Background
Craft Uses For Belts
Vintage Hank Aaron Baseball Card Leaning Against Old Baseball
Determining the Value of Baseball Cards
stacks of fabric
Getting Fabric Donations for Charity Projects
More
🎆
Fourth of July Ideas!
👔
Father's Day Ideas!
Facebook
Pinterest
YouTube
Contests!
Newsletters
Ask a Question
Share a Post
Categories
Desktop Page | View Mobile

Disclaimer | Privacy Policy | Contact Us

© 1997-2017 by Cumuli, Inc. All Rights Reserved.

Published by .

Generated 2017/05/20 12:33:24 in 3 secs.
Loading Something Awesome!