REGISTERED 501(C)(3) NONPROFIT STATUS
OnlyFuego is a registered 501(c)(3) nonprofit organization, which means your clothing donations qualify for federal tax deductions under IRS guidelines.
We provide professional documentation to ensure you receive maximum tax benefits while supporting sustainable fashion and charitable giving.
PROFESSIONAL RECEIPTS
Detailed donation receipts with fair market valuations, item descriptions, and all documentation required for tax filing
FAIR MARKET VALUE
Accurate valuations based on current market conditions, item condition, and comparable sales data
IRS COMPLIANCE
All documentation meets IRS requirements for charitable deductions, ensuring your tax benefits are fully defensible
IRS DONATION GUIDELINES
DOCUMENTATION REQUIRED
- Donation receipt from qualified organization
- Description of donated items
- Fair market value determination
- Date and location of donation
VALUATION STANDARDS
- Current market value, not original purchase price
- Condition and age considerations
- Comparable sales and market data
- Professional appraisal for high-value items
DEDUCTION LIMITS
- Generally limited to 50% of adjusted gross income
- Excess deductions can carry forward 5 years
- Professional appraisal required over $5,000
- Consult tax professional for specific situations
STRATEGIC TAX PLANNING WITH CLOTHING DONATIONS
TIMING YOUR DONATIONS
Consider spreading large donations across multiple tax years to maximize benefits and stay within deduction limits
BUNDLING STRATEGIES
Combine clothing donations with other charitable giving to maximize itemized deduction benefits
PROFESSIONAL CONSULTATION
Work with tax professionals to optimize donation timing and valuation strategies
GET TAX BENEFIT INFORMATION
Have questions about tax benefits for your clothing donations? Contact us for personalized guidance.
DIRECT DONATION ADDRESS
If you would like to send garments without consultation, please send to:
2946 N Summit Ave.
Milwaukee, WI 53211
We will assess your donation and send a receipt for your tax records.
Send questions to donations@onlyfuego.com | Full Donation Details
Tax Disclaimer: This information is for general guidance only. Tax laws are complex and individual situations vary. Please consult with a qualified tax professional for advice specific to your circumstances.