Decline in Charitable Giving

November 20, 2023

Americans gave almost $500 billion to charity in 2022 — a strong show of generosity but a 3.4% decline (10.5% adjusted for inflation) from record giving in 2021. This was only the fourth time in the last 40 years that charitable giving fell in current dollars. The stock market downturn, high inflation, and other economic uncertainties caused many households to cut back on giving. Even so, a wide range of charities benefited from generous donations. Here are the types of recipients, by percentage of total charitable contributions.

chart showing percent of giving contributions

All Securities Through Money Concepts Capital Corp., Member FINRA / SIPC

11440 North Jog Road, Palm Beach Gardens, FL 33418 Phone: 561.472.2000

Copyright 2010 Money Concepts International Inc.

Investments are not FDIC or NCUA Insured

May Lose Value - No Bank or Credit Union Guarantee

This communication is strictly intended for individuals residing in the state(s) of MI. No offers may be made or accepted from any resident outside the specific states referenced.

Prepared by Broadridge Advisor Solutions Copyright 2020.

Businessman in blue suit reviewing documents in a bright office, with a laptop in the background

Midyear Checkup: Can You Contribute More to Your Retirement Plan?

By TFC Team • May 26, 2026
Thornapple Financial Center explains 2026 retirement plan limits, catch-up rules, and how a midyear checkup can help you raise contributions.
Woman analyzing stock charts on multiple monitors at a desk in a modern office

What Is Value Investing?

By TFC Team • May 26, 2026
Learn what value investing is, how Benjamin Graham shaped it, and why investors still use it to spot undervalued stocks and manage risk.
Two smiling people in a bright kitchen, one holding up a small green plant.

Locked Out? How to Break Into Today's Housing Market

By TFC Team • May 26, 2026
Thornapple Financial Center explains first-time homebuyer programs, FHA loans, down payment aid, and lower-cost mortgage options.
Two people standing in a doorway, talking and holding mugs and papers in a bright office hallway

Pay Transparency Laws by State

By TFC Team • May 26, 2026
See pay transparency laws by state, including where salary range disclosure is required, where rules are pending, and what employers need to know to stay compliant.
Show More