Calculate Donation Value
Goodwill Industries of the Southern Piedmont is a 501 (c)3 non-profit organization. Federal law permits Goodwill donors to claim tax deductions for many financial contributions and for donated clothing and household goods in good, used condition or better.
Goodwill’s Donation Center attendants will gladly provide you with a donation receipt for your tax records.
If you’re unsure whether your item qualifies for a tax deduction, then consider this: if you would give it to a relative or friend, then the item is most likely in good condition and is appropriate to donate.
But before you donate, there are some important things you need to know. Per IRS Publication 561, all nonprofit organizations are prohibited from assigning values to material donations. That means it’s the donor’s responsibility to determine the item’s fair market value.
To assist you in calculating the value of your donation, we have included a Price List for items sold in our Goodwill Stores for use as a guide. Prices for small appliances, furniture, antiques, exercise equipment, and other special donations are based on condition and quality.
These prices apply to items sold in all Goodwill Industries of the Southern Piedmont stores except the Goodwill Outlet Store located on Freedom Drive in Charlotte.
More IRS guidelines for charitable contributions can be found at their website or by calling toll-free 1-800-829-1040.