Americans give to charities at record levels in 2007
Posted on July 10th, 2008 by bile Tags: Britain, charity, disposable income, donation, gdp, Giving USA, Great Britain, gross domestic product, inflation, Media coverage, UK, USDI ran across this in the July 10th, 2008 issue of the Liberator. The sources are a Giving USA report and other related media coverage. I however was unable to find the report on their website.
According to Giving USA’s latest report:
- 2007’s record $306.4 billion in charitable giving is a rise of about 1 percent from the previous year, adjusted for inflation.
- Individuals accounted for the largest share by far. Indeed, most charitable giving — $229 billion or about 75 percent total – comes from individuals.
- About two-thirds of households with incomes under $100,000 give to charity.
- Half of individual giving went to religious groups. Religious congregations received one-third of the $306.4 billion, an increase of 2 percent from last year and a record dollar amount.
- As economic woes have increased worldwide, Americans are responding by redirecting some of their giving. Donations to international aid, environmental and human-services groups rose the most in 2007.
- Donations to international charities showed the single largest gain — a rise of about 13 percent.
- On average Americans gives 2.3 percent of their disposable income to charitable causes.
- Americans rank first in the world in giving as a percentage of gross domestic product (GDP), at 1.7 percent, followed by Great Britain (.73 percent). (These are 2006 figures.)
And this is after being taxed 50+ percent by federal, state and local governments. People ask how possibly could a free society take care of those in need… this is how. Just like it is now and was in the past. Real charity.




