Monday, June 24, 2013

Charitable Giving In US Still 8% Off 2007 High, And A Measly 2% Of GDP

So says Allison Linn for CNBC.com, here:


U.S. giving to charities totaled $316.23 billion in 2012, according to a report prepared by the Lilly Family School of Philanthropy at Indiana University and released this week by Giving USA. After adjusting for inflation, that's a 1.5 percent increase from 2011—but an 8 percent decline from 2007, the year the nation went into recession. The figures are in 2012 dollars.

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$316.23 billion is 1.976% of the country's $16.0045 trillion of GDP through 1/1/13, and just 0.45% of the country's $70.34912 trillion of household net worth through same.

75% of the country's adults claim to follow the Christ who said "No one can be my disciple who does not say goodbye to everything that he has."