Charitable Donations: A Little Less to Give
- During Thanksgiving week, American families gather and take a moment to share their gratitude. This week also marks the start of the broader season of giving.
- Occam tracks trends in American charitable giving. A clear trend has emerged: across all age groups, the share of people donating to charity is declining, with the steepest drop occurring among younger generations. Rising financial pressures and higher living costs appear to be contributing factors, as donation rates have fallen across nearly every income group with the exception of the highest earners (data available upon request).
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