Charitable giving in 2022 drops for only the third time in 40 years: Giving USA report.
NEW YORK — Charitable giving in the United States declined in 2022 -- only the third time in four decades that donations did not increase year over year -- according to the Giving USA report released Tuesday.
“I go back and forth on whether it’s encouraging or discouraging,” Birkholz told The Associated Press in an interview. “There was a 20 to 25% decline in the stock market and an 8% inflation rate, but Americans still gave nearly a half trillion dollars.” The downturn in giving has led to issues at Community Help in Park Slope, better known as CHiPS, as it has in many charities across the country. The Brooklyn, New York, nonprofit operates a soup kitchen and food pantry, as well as supporting single mothers and their infants.
“When we run out of hot meals, we still provide sandwiches,” said Brown, who has been collaborating with other nonprofits and food suppliers to try to make ends meet. “Anyone who comes to our door walks away with something.” “I think we’ve seen a 37% increase in rental car prices and that translates to a cost we have to bear,” said Perry, adding that Make-A-Wish has stepped up calls for supporters to donate their airline miles and hotel points in order to help stretch its funding. The foundation has also turned to partners in the travel industry for more help.
Decision makers for donations are “not mom and pop donors, they’re wealthy individuals,” Bergdoll said. “That is indicative of where the money is coming from now versus 30 or 40 years ago.”
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