Charitable Giving Up for the Working and Middle Class but Down for the Wealthy, According to IRS Data
A new and extensive analysis of IRS data reveals what many people know to be true: the wealthiest Americans are donating a much smaller share of their income to charity than low and middle-income Americans give from theirs.
The study, conducted by nonprofit news organization the Chronicle of Philanthropy, was released this week. The findings were based on tax returns of Americans who itemized their deductions, including charitable gifts, between the years of 2006 and 2012, and the report also gave rankings for states and metropolitan areas based on the ratio of contributions to adjusted gross income.
According to the report, Americans who earned $200,000 or more gave an average of 4.6% less of their income between 2006 and 2012. However, those who earned less than $100,000 increased thei...









