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Jon Bergdoll, Associate Director of Data Partnerships at the Lilly Family School of Philanthropy, Indiana University

Charitable giving grew to $593B in 2024, propelled by a strengthening US economy and a booming stock market

Economy Giving USA Inflation
Paul Newman, the late actor and philanthropist, co-founded Camp Boggy Creek, which children with serious illnesses and their families attend for free. AP Photo/Phelan M. Ebenhack

U.S. charitable giving increased 3.3% to US$593 billion in 2024, lifted by the strength of the economy.

The annual report from the Giving USA Foundation, produced in partnership with the Indiana University Lilly Family School of Philanthropy, found that this was the second-highest level on record after adjusting for inflation.

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