My husband and I founded a 501(c)(3) Charity in 2015, but had been doing the charitable works for 5 years prior. It is a mobile soup kitchen, so we had purchased and have been using the stoves, tents, water heaters and sinks, etc before we decided to do this "officially". Can we donate the equipment we own to the charity now and take the deduction? If so, do we take the amount we paid for the equipment? Or how much it would be worth in today's market if we were to sell it?
