Donors are down, but dollars are up: How US charitable giving is changing

Although the US$557 billion Americans gave to charity in 2023 marked a 2.1% decline in inflation-adjusted terms, U.S. donations have increased significantly over the past two decades. Giving has grown by about 42% since 2003, according to the annual Giving U.S. report—which our team at the Indiana University Lilly Family School of Philanthropy researches and writes in partnership with the Giving U.S. Foundation.