Charitable Giving Statistics

NPT curates statistics from recent studies and reports on charitable giving in the U.S. Please refer to the footnotes for original sources.

General Philanthropy

  • Americans gave $557.16 billion in 2023. This reflects a 2.1% decline from 2022.¹
  • Corporate giving in 2023 increased to $36.55 billion—a 3.0% increase from 2022.¹
  • Foundation giving in 2023 increased to $103.53 billion—a 1.7% increase from 2022.¹
  • Giving by bequest in 2023 was $42.68 billion—a 8.0% increase from 2022.¹
  • In 2023, the largest source of charitable giving came from individuals, who gave $374.40 billion, representing 67% of total giving.¹
  • In 2023, the majority of charitable dollars went to religion (24%), human services (14%), education (14%), grantmaking foundations (13%) and public-society benefit (10%).¹
  • Giving in 2023 increased in many sectors, with double-digit growth in gifts for foundations (15.4%), public-society benefit (11.6%) and education (11.1%). Giving declined precipitously to individuals (-17.2%).¹

Individual and Family Philanthropy

  • For middle income earners, the average yearly charitable donation is approximately $3,296.2
  • The average charitable donor in the U.S. is 64 years old and makes two charitable donations a year.3
  • The average high net worth households donated $34,917 to nonprofits in 2022.4
  • 85 percent of affluent households maintained or increased their giving in 2022, with the top motivation for giving reported as personal values and beliefs (69.5%).4
  • Younger people want to forge their own philanthropic identity separate from their parents, said 88% of young women and 69% of young men surveyed.5
  • The majority of donors (64%) prefer to give online with either a credit or debit card.6

Charitable Organizations

  • According to the most recent data available, there are more than 1.8 million recognized 501(c) organizations in the United States.7
  • In 2023, 501(c)(3) organizations made up the majority of 501(c) organizations in the U.S., with 1.5 million.7
  • As of 2017, there were more than 12 million people employed in the U.S. nonprofit sector.8
  • There are approximately 340K religious, 255K educational, 154K human services, 129K arts & culture and 64.5K public-society benefit nonprofit organizations in the U.S. in 2024. The least common nonprofit category, with only 9 reported, is mutual assistance research institutes.9

Volunteering

  • An estimated 23.2% of U.S. adults—60.7 million Americans—volunteered between September 2020 and 2021, contributing an estimated 4.1 billion hours valued at approximately $122.9 billion.10
  • Generation X had the highest rate of formal volunteering (27%) compared to Gen Z, Millennials, and Baby Boomers.10
  • Baby Boomers had the highest rate of informal volunteering (59%).10
  • Most people volunteer through a nonprofit organization (61%), but others volunteer through helping someone directly (29%), a religious organization (24%), civic organizations (22%), the workplace (10%), or a school where they’re enrolled (9%).11

Donor-Advised Funds

  • There were 1,948,545 donor-advised fund accounts in 2022.12
  • Donor-advised funds held $228.89 billion in assets in 2022.12
  • Total contributions into donor-advised funds were $85.53 billion in 2022.12
  • Donor-recommended grants from donor-advised funds totaled more than $52.16 billion to charities in 2022.12
  • The average donor-advised fund account size was $117,466 in 2022.12
  • The average payout rate for DAFs was 22.5% in 2022.12
  • Compare the DAF payout rate to the mean payout rate of foundations in 2023: 7.5%.13

Sources

1 Giving USA 2023 Annual Report

2  Internal Revenue Service, Tax Policy Center

3Nonprofit Fundraising Statistics to Boost Results in 2024 (doublethedonation.com)

4 Charitable Giving by Affluent Households Above Pre-Pandemic Levels

5 Chronicle of Philanthropy – Wealthy Donors Want Their Giving to Be Different Than Their Parents’, New Study Says

6US Charitable Giving Statistics [2023] (reninc.com)

7Internal Revenue Service, 2023

8 U.S Bureau of Labor Statistics (data modified in 2020)

9 Categories of nonprofits | Cause IQ

10 AmeriCorps – Volunteering and Civic Life in America Research Summary (covering 2020-2021)

11 VolunteerMatch – How People Volunteered in 2022

12 National Philanthropic Trust – Donor Advised Fund Report 2023

13 Foundation giving remained steady in 2023. What’s the outlook? (candid.org)