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Charitable giving in 2024 was up, according to new Giving USA report
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Charitable giving in 2024 was up, according to new Giving USA report

  • By RASHEEDA CHILDRESS of The Chronicle of Philanthropy Chronicle of Philanthropy

Charities received $592.5 billion in donations in 2024, a 3.3% increase over 2023, after adjusting for inflation, according to the most recent "Giving USA" report, which takes a comprehensive look at U.S. philanthropy. Only one major cause — religion — saw an inflation-adjusted decline in giving. The increase, reported Tuesday, may be small comfort to nonprofits that in 2025 experienced a significant drop in federal funding, more than 20,000 layoffs, increased demand for services, and market uncertainty that has led some donors to pull back. Strong performance by companies, particularly in the tech sector, pushed corporate giving up 6%, after adjusting for inflation. Individual giving was up 5%.