Americans donated $484.85 billion to charity in 2021, a 4% increase over 2020’s record amount. Adjusted for inflation, however, the growth was a relatively flat -0.7%. For the fourth year in a row, contributions by individuals comprised less than 70% of the total amount. “Megagifts” of $450 million or more comprised about 5% of the nearly $327 billion given by individuals.
Source: Giving USA, 2022 (total may not equal 100% due to rounding)
Jim Nielsen, CRPS®
CUSO Financial Services, LP
at First Heritage FCU
202 Denison Pkwy E • Corning, NY 14830
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