Charitable giving declined in 2022 for only the fourth time in the past 40 years.
In figures released yesterday.
The giving USA foundation revealed a total of $499.3
billion was donated to charity this past year.
That seems like a lot of money, but it's actually a 10.5% decline from the year before
this drop in donation comes after record high donations in 2020
2021 of course, that was driven by the COVID-19 pandemic
inflation and the rising cost of living are believed to be key
factors and why so few Americans donate donated in the past year.