Charities received $592.5 billion in donations in 2024, a 3.3% increase over 2023, after adjusting for inflation, according to the most recent ” Giving USA ″ report, which takes a comprehensive look at U.S. philanthropy. Only one major cause — religion — saw an inflation-adjusted decline in giving.
The increase, reported Tuesday, may be small comfort to nonprofits that in 2025 experienced a significant drop in federal funding, more than 20,000 layoffs, increased demand for services, and market uncertainty that has led some donors to pull back.
