Statistics of Charitable Giving
Philanthropy has increased with the rise of online platforms. The recent stats say that Americans are the most generous, and the maximum donations come from individuals. You can say that philanthropists, who promote philanthropic work, or the well-being of others and charity causes by not just donating money, but they volunteer their time for the cause as well.
Charitable giving statistics you must know in 2021
- The American's yearly philanthropic represents 1.44% of the country’s GDP.
- 31% of global philanthropists give money to foreign countries.
- About 80% of all contributions in the US come from individuals.
- The average online donation among Americans is $128.
Philanthropy Giving
- Americans contributed $449.64 billion in 2019. This shows a 5.1% rise from 2018.
- Enterprise or Corporate giving in 2019 raised to $21.09 billion—a 13.4% increase from 2018.1
- The nonprofit organization giving in 2019 raised to $75.69 billion - a 2.5% increase from 2018.
- Historically, philanthropic activity rises about one-third as quickly as the stock market.
Donating to charity or nonprofits is positively changing the lives of more destitute people with things that may require daily like food, water, wearables, good educations, secure life, and more. Your Giving to charity can make you feel good and inspires your family, friends to give to the causes.
Where do the donations go?
Donations will go in various divisions or organizations as follows
- Education charities: Donations will help the poor students who are not able to afford fees for higher educations.
- Human services charities: They provide direct services to the people in need. They feed hungry people, give shelter for homeless people, and more.
- Healthcare charities: Organizations providing free medical care to the people in need and key contributions to the nation’s health.
- International Charities - You can say NGO’s a non-governmental organization that functions independently. They take up and execute nonprofit projects by promoting the causes they work with.
- Arts, Culture, Humanities Charities- These charities support artistic and cultural excellence and protect artistic and cultural heritage.
Are you planning out to do philanthropic activities towards the social causes but not getting enough time to do so, because of traveling from one place to another? If Yes, don’t worry, we at iConnectX helps you to find the online volunteer opportunities which you care about.
Now iConnectX is available on both the web and app to support nonprofits and professionals to make and receive donations. Visit the website or download and install the app to search for nonprofits to make direct donations online. Download now – Online Donation App (Android) or Fundraising App(iOS)!
Relevant Links:
- How to raise awareness for a nonprofit event?
- Ways to Donate to Charity
- What is venture philanthropy
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