It would be a shame to let it go for a couple of bucks or so. Maybe the church ladies could get together and do repairs to the places that are coming apart and at least have it in good repair. It won't bring much in the present state it's in. It would be a nice keepsake when quilted and washed if it's in good condition. If it doesn't have a known history, that's alright. Just knowing that it is an antique or oldie is enough to hang on to if in good shape.
Good luck with it and hope it finds a good home.
sassy granny