Charitable giving in 2022 drops for only the third time in 40 years: Giving USA report:
Total giving fell 3.4% in 2022 to $499.3 billion in current dollars, a drop of 10.5% when adjusted for inflation. The decline comes at a time when many nonprofits, especially ones providing services to those in need, report an increase in requests for help.
Those 2022 donations came after two record-setting years for charitable giving, driven by the unprecedented needs of the COVID-19 pandemic, said Una Osili, associate dean for research and international programs at the Lilly Family School of Philanthropy at Indiana University and the Giving USA report’s lead researcher. It’s a sign of continued generosity, though there are some areas of concern.
“We saw inflation rise and, with that, we saw more working class individuals on our lines,” said Shanice Brown, CHiPS development director. “Donations declined -- and donated food as well — because as the price of things increase, people need more and so they donate less.” Even large-scale nonprofits have had to come up with new solutions to battle inflation’s effects on their resources.
The need, Perry said, is also an opportunity for Make-A-Wish and other nonprofits to engage individual donors and appeal to them for help. “The message we’re going to continue to send out is: There are easy ways for people to get to get involved with Make-A-Wish, whether that be through volunteering or certainly by donating,” he said. “For every wish that we’re granting, there’s another wish waiting.
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