Illustration and concept of charitable giving or donating; people holding a heart and coins with dollar symbols and heart on the coins and also holding up gifts.

Record Charitable Giving in 2024

November 19, 2025

U.S. charities received a record $592.50 billion in 2024, an increase of 6.3% over 2023, driven by a strong stock market and healthy economy. Due to generous giving and lower inflation, this was the first year since 2021 that the increase in giving outpaced inflation. As in previous years, individuals led the way, accounting for 66% of contributions, followed by foundations (19%), bequests (8%), and corporations (7%).

Over the last decade, giving has risen each year in current dollars but has not always kept up with inflation. It remains to be seen how the uneven economy and volatile investment climate have influenced giving in 2025. Changes to the tax treatment of charitable contributions effective in 2026 may impact future giving.

Total charitable giving, in billions

2015

Current dollars: $379.89

Inflation-adjusted dollars (2015=100): $379.89

2024

Current dollars: $592.50

Inflation-adjusted dollars (2015=100: $444.04

Source: Giving USA Foundation, 2017–2025

 

Important Disclosures


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