Charitable Donations Up for First Time in Years
- Share via
After several years of relatively weak charitable giving, Americans’ donations to educational institutions, religious groups, social service agencies and other nonprofits rose 5% last year, to $248.5 billion.
The Giving USA Foundation reports that -- adjusted for inflation -- charitable giving in the United States rose for the first time since 2000, the peak of giving after a booming stock market sent donations soaring for several years.
Religious institutions continued to receive the largest share of contributions last year -- more than $88 billion.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
