Religion Gets Largest Share of Charity in US
23 December 2011
This is the VOA Special English Economics Report.
Americans gave about two hundred ninety billion dollars to charity last year. That was ten billion dollars more than the amount of charitable giving in two thousand nine. The estimates are from the Giving USA Foundation and its research partner, the Center on Philanthropy at Indiana University.
Charities are nonprofit organizations that raise money to provide social services or other programs. Giving USA has been reporting on charitable donations since nineteen fifty-six. The group estimates that about seventy-five million households gave to at least one charitable organization in the United States last year. A household is one or more people living in a home.
Charity workers dressed as Santa Claus pass St. Patrick's Cathedral in New York City in an annual parade to raise money for a holiday food program for needy residents
The largest share of charitable giving goes to religious groups. Giving USA says they received thirty-five percent of all donations in twenty-ten. Some people give a percentage of their pay to religious organizations.
Schools and other education-related organizations were second on the list. They received an estimated fourteen percent of all charitable giving last year.
The federal tax agency, the Internal Revenue Service, recognizes donations to official charities. Those who give to charity may be able to get tax breaks and reduce the amount of taxes they owe.
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