Goodwill

How to Estimate the Donation Value

How to Estimate the Donation Value

The average person donates $2,000 worth of goods over their lifetime. If you can calculate the value of your donations, you’ll be able to see just how much good work you’ve done in your life. 

This article will tell you multiple ways through which you can calculate or estimate the donation value. Mentioned below is a list of some ways you can do so.

Compare with Original Value

You can just compare the item you are donating with its original value. The items you are donating should be half or more than half of the original value. You can just add the original value of your items and divide them by 2 to get the estimated value of the items you are going to donate.  

Comparison Chart

You can compare the value of the items you are donating with a table you can easily find on the internet. Goodwill’s official website also has a chart that tells you the estimated value of your donations. They have multiple categories including household, sport, clothes, shoes, and other items.

Calculation Applications

There are applications available on the PlayStore and AppleStore that ask you about the time and quality of the item you are donating and other details like how old are the items and give you an estimated value of all your donations collectively as well as the individual value of each item.

Web Tools

There are so many web tools available for calculating the value of items you are donating. This tool is free and easy to use! All you have to do is enter the amount donated, choose whether or not it was cash, check off any items on our list that were donated, and click the “calculate” button. The results will show up instantly.

All these methods can be used to estimate the value of the donations you are thinking of making to the store. You can get peace of mind by knowing the value of the items you are donating and will feel better when you know that you are doing something to give back to the community.

COO Annabel oversees the daily operations both for in-office and our remote writers. Her mantra in life is to believe that finding happiness in what we do is the real reward any work could give us- her mantra that also became our company’s.

    Comments are closed.