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In modern usage, the practice of '''charity''' means the giving of help to those in need who are not related to the giver. | |||
==Statistics== | |||
In the [[US]], in 2010 total giving to charitable organizations was $290.89 billion in 2010 (about 2% of [[GDP]]). | |||
* Most of the money came from individuals: $211.77 billion (73% of total giving). | |||
* 14% of donations came from foundations for a total of $41 billion. | |||
* Bequests accounted for 8% of donations or a total of $22.83 billion. | |||
* Giving by corporations amounted to just 5% of all giving in 2010 ($15.29 billion). | |||
Where did all that money go? | |||
* 35% of all donations, or $100.63 billion, went to religious organizations. Most of this giving is to the donor’s house of worship. | |||
* At 14% ($41.67 billion) of giving in 2010, the next largest sector was education. | |||
* 9% of donations ($26.49 billion ) went to human services charities. | |||
* 8% went to health charities for a total of $22.83 billion. | |||
* 8% went to public benefit charities for a total of $24.24 billion. | |||
* 5% went to arts, culture, humanities charities which received a total of $13.28 billion. | |||
* 5% went to international charities for a total of $15.77 billion. International charities saw the biggest growth in giving (15.3%), in part, because of the earthquake in [[Haiti]] (January 2010). | |||
* 2% of donations went to environmental and animal charities.<ref name="Charity_Navigator">Sandra Miniutti. [http://blog.charitynavigator.org/2011/06/charitable-giving-in-2010.html "Charitable Giving In 2010"], ''Charity Navigator'' (see also the [http://www.charitynavigator.org/index.cfm?bay=content.view&cpid=42 summary] or executive summary [http://www.givingusareports.org/products/GivingUSA_2011_ExecSummary_Print.pdf pdf]). June 20, 2011. Referenced 2012-03-29.</ref> | |||
==References== | |||
{{Reflist}} | |||
==Links== | ==Links== | ||
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* [http://mises.org/daily/3879 The Greatest Economic Charity] by F.A. Harper, from the [http://mises.org/resources/4904/The-Writings-of-F-A-Harper-Volume-2-Shorter-Essays The Writings of F. A. Harper, Volume 2: Shorter Essays] | * [http://mises.org/daily/3879 The Greatest Economic Charity] by F.A. Harper, from the [http://mises.org/resources/4904/The-Writings-of-F-A-Harper-Volume-2-Shorter-Essays The Writings of F. A. Harper, Volume 2: Shorter Essays] | ||
* [http://www.american.com/archive/2009/march-2009/an-uncharitable-proposal An Uncharitable Proposal] by Alex M. Brill and Phillip Swagel. March 2009 | * [http://www.american.com/archive/2009/march-2009/an-uncharitable-proposal An Uncharitable Proposal] by Alex M. Brill and Phillip Swagel. March 2009 | ||
[[Category:Concepts]] | |||
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Revision as of 06:16, 29 March 2012
In modern usage, the practice of charity means the giving of help to those in need who are not related to the giver.
Statistics
In the US, in 2010 total giving to charitable organizations was $290.89 billion in 2010 (about 2% of GDP).
- Most of the money came from individuals: $211.77 billion (73% of total giving).
- 14% of donations came from foundations for a total of $41 billion.
- Bequests accounted for 8% of donations or a total of $22.83 billion.
- Giving by corporations amounted to just 5% of all giving in 2010 ($15.29 billion).
Where did all that money go?
- 35% of all donations, or $100.63 billion, went to religious organizations. Most of this giving is to the donor’s house of worship.
- At 14% ($41.67 billion) of giving in 2010, the next largest sector was education.
- 9% of donations ($26.49 billion ) went to human services charities.
- 8% went to health charities for a total of $22.83 billion.
- 8% went to public benefit charities for a total of $24.24 billion.
- 5% went to arts, culture, humanities charities which received a total of $13.28 billion.
- 5% went to international charities for a total of $15.77 billion. International charities saw the biggest growth in giving (15.3%), in part, because of the earthquake in Haiti (January 2010).
- 2% of donations went to environmental and animal charities.[1]
References
Links
- Charity by Russell Roberts, The Concise Encyclopedia of Economics
- Health Insurance before the Welfare State The Destruction of Self-Help by State Intervention (pdf) by Pavel Chalupnicek and Lukas Dvorak, 2009
- No Buts about Freedom by Richard M. Ebeling, July 2005
- Free Gas and The Economics of Charity by Art Carden and Timothy M. Shaughnessy, September 2008
- The Greatest Economic Charity by F.A. Harper, from the The Writings of F. A. Harper, Volume 2: Shorter Essays
- An Uncharitable Proposal by Alex M. Brill and Phillip Swagel. March 2009