Charitable Giving Bounced Back To Pre-Pandemic Levels Last Year

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Charitable Giving Bounced Back To Pre-Pandemic Levels Last Year
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  • 📰 Forbes
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81% of U.S. adults donated money to a charitable organization in 2021, up from 73% in 2020

Charitable giving took a dip in 2020 because of the Covid-19 pandemic, but rebounded in 2021, according to data released byWoman collecting money for charity and holds jar with coins..

That’s back on target with the number of people who did before the pandemic started: In 2017, 83% of U.S. adults donated to charity. Income affected how many people gave: 68% of people who made less than $40,000 a year donated, compared to 84% who made between $40,000 and $99,999 and 92% who made $100,000 or more.

Though 58% of U.S. adults volunteered their time in 2020, only 56% did in 2021, marking a sharp decline from the 64% of people who did in 2017. That’s how much charitable giving declined between 2008 to 2009 during the economic recession, from 82% to 79%. In 2020, religious causes were the biggest recipient of charitable donations, with 28% of donations going to one, according to a report from Giving USA.

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Forbes /  🏆 394. in US

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