Virginia Association of Fundraising Executives

Fewer Americans Find Room in Their Budgets for Charity, Chronicle Data Shows

Thursday, October 05, 2017 4:13 PM | Anonymous

Fewer Americans are making room in their budgets for charity, and nonprofits are increasingly relying on the affluent for support, according to a new study by The Chronicle of Philanthropy.

Only 24 percent of taxpayers reported on their tax returns that they made a charitable gift in 2015, according to the analysis of Internal Revenue Service data. A decade earlier that figure routinely reached 30 or 31 percent.

With fewer Americans giving to charity, nonprofits are increasingly leaning on the wealthy for support. Read more...

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