Wealthier Americans Aren't Feeling The Giving Spirit
by SavvyRoo on Nov 27, 2014 | Views: 98 | Score: 0
| Percent change in share of Americans' income given to charity from 2006 to 2012 | |
|---|---|
| $25,000 or less | 16.6 |
| $25,000 - 50,000 | 8.7 |
| $50,000 - 75,000 | 5.7 |
| $75,000 - 100,000 | 3.6 |
| $100,000 - 200,000 | -3.3 |
| $200,000 or more | -4.5 |
Income Bracket
Sources:
forbes.com
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According to a study released by the Chronicle of Philanthropy, richer Americans are giving a smaller percentage of their income since 2006 while poorer Americans are giving a much larger percentage. While Americans that earn over $200,000 still give more in absolute terms, their amount of charitable givings has not caught up to their rapid increases in wealth.