Charitable giving in 2022 drops for only the third time in 40 years: Giving USA report
Charitable giving in the United States declined in 2022 — only the third time in four decades that donations did not increase year over year — according to the Giving USA report released Tuesday. Total giving fell 3.4% in 2022 to $499.3 billion in current dollars, a drop of 10.5% when adjusted for inflation. The decline comes at a time when many nonprofits, especially ones providing services to those in need, report an increase in requests for help. However, Josh Birkholz, chairman of the Giving USA Foundation, which publishes the report and provides data and insights
June 20, 2023