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Facts and Figures

Facts and Figures

Facts and Figures

Charity Sector

Charity Sector

Looking at the numbers and more factual studies regarding how much Americans are giving to charity, National Center for Charitable Statistics have been keeping count and have been doing statistics to monitor just how much people are giving and receiving. Households alone or individual givers of the country are contributing the vast majority of charity amounting to $228.93 billion, taking up all 72% of the charity giving percentage of United States, this is as of the 2012 records. The other sectors taking up the left percentage are from corporations, 6% or $18.15 billion, the foundations taking up 15% or $45.74 billion and last but not least from the bequests or an act of giving the property by will, amounting to $23.41 billion taking up the left 7%.

As for the charitable donation by the state, the charitable deductions went from $169.8 billion in 2010 to $174.5 billion in 2011. And when there is an increase in donations, it means there is also an increase in the charitable deduction per return and looking at the numbers, it raised up to $1,201 in 2011, the top contributing states of which are New York, Wyoming, Maryland, District of Columbia and West Virginia in no particular order.

Some of the statisticians that are responsible for this count are the NCCS or National Center for Charitable Statistics and the IRS or Internal Revenue Service. These are the organizations that make the data trustworthy and useful. And when people will just take notice of reading these statistics, they will realize that charity giving is so grand that it is somewhat a necessity for the state to live, or even the country in itself. There are so much money flows, in every form, passing through each day that the operation reached and exceeded $335 billion. Imagining living in this country removing everything that are donated by the people, where will the people go for help, if not for these charities, the economy would not be as stable as it is now. This total amount is about 2% of the gross domestic product, and talking about the GDP of the whole country, 2% is a lot of money.

For the receiving side statistics, the religious organizations are still on top of the list. This means that majority of the people still give back to their community chapel or place of worship, may it be for personal reasons or simply a requirement, and still it accumulates the most donations. However, it has been said that it is continuously dropping in amount through the years even though the donations in general is increasing. And coming second in receiving most donations was in education with 16% of the total donations.

 

Image By: montessori.on.ca/     bournemouth.ac.uk