Charitable giving in the U.S. rose to $592.5 billion in 2024 — a 3.3 percent increase after adjusting for inflation — according to the newly released 2025 Giving USA Report.
The report marks a significant milestone: for the first time in three years, total giving outpaced inflation, signaling a rebound in philanthropic support amid improving economic conditions.
Individual giving – which comprises two-thirds of all giving – was boosted by the rising stock market and personal income.
Giving by individuals, corporations and foundations all increased in current dollars amid a strong economy. The findings underscore both the resilience of the philanthropic sector and the enduring generosity of the American public.
"Total giving in 2024 reached record levels in current dollars and grew at a rate consistent with long-term trends—clear evidence of Americans' enduring generosity and the value they place on nonprofit work," said Wendy McGrady, chair of Giving USA Foundation and president and COO of The Curtis Group. "Even as many organizations face ongoing uncertainty, this year's Giving USA data offers a strong baseline for understanding where philanthropy stands today — and how donors continue to show up for the causes they care about. We will keep listening to the field, but one truth remains: generosity is alive and well in America."
This article was provided to OSAP by ASAE's Power of Associations and Inroads.