Second, it doesn't take an outrageous amount of yarn to make a baby size sweater, so go for it! At most, you are looking at 3 or 4 small skeins of yarn, and it's a great time to try some of those fabulous yarns that you have been holding on to. Third, and this is also great if you are planning to donate your finished project to a good cause, ask your knitting buddies if they would like to share in the fun by going through their stash and either knitting along with you or donating some yarn to the cause. Working together is fun, helps to share the task and gets more to those who need it a lot quicker. And in the end, you have also added to your community store of knowledge.
In our Tuesday night knitting group, Knit Happens, we are always interested in charities that we can apply our talents to. Sue, our fearless leader, is willing to consider any idea that will help others. We have made baby hats, ladies scarves, booties-- you name it and it's been done. My sister, Judith, spends a considerable amount of time making adult size sweaters and they are then donated to a local shelter. The director there commented how wondeful that is because often there are not that sort of donations for adults and they are very, very well appreciated! My Tuesday morning Knitting Ministry Group at the Cathedral of Saint John (http://www.cathedralofstjohn.org/) is always working on something for babies, adults, the Navy Project, the Army Project-- well, you get the idea!