Statistics show an uptick in giving
Statistics compiled by the National Philanthropic Trust show that, despite a poor economy, Americans are a very generous people.
Nonprofits feeling the pinch of cutbacks may be interested to learn that in 2011, the most recent year for which figures are available, charitable giving actually increased by 3.9% over 2010.
Donations from corporations held steady, and foundations and individuals increased their support. Donors in 65% of households gave nearly $218 billion, or 73% of total giving.
Even while giving was increasing, statistics indicate the number of charitable organizations decreased since 2010. Nevertheless, the tax-exempt sector still employs nearly 7% of the total workforce in theUnited States, as well as being supported by a significant volunteer force.
If you’re interested in more facts and figures, Giving USA produces an annual report that can be very useful to nonprofits, providing comprehensive data on the sources and uses of donations throughout the nation. Organizations not seeing a charitable giving increase yet may want to compare similar types of charities to assess the national trend.
For accounting and consulting services, Online Stewardship is here. Get in touch if we can help you: Lynn@onlinestewardship.com or 904-398-4747.
May 21, 2013
