Old news, but good news! The US defense budget is about $850 billion.
American generosity on display!
"What to Know
- Key findings from Giving USA 2025: The Annual Report on Philanthropy for the Year 2024 report that individuals, bequests, foundations and corporations gave an
- estimated $592.50 billion to U.S. charities in 2024.
- Total giving grew 6.3% in current dollars, reaching a new high by that measure (3.3% when adjusted for inflation). A strong stock market and GDP growth helped fuel the increase in total giving, which was led by individual and corporate giving.
- All recipient subsectors saw donations increase in current dollars. When adjusted for inflation, giving to seven of the nine categories rose, while giving to foundations remained relatively flat and giving to religion decreased slightly.
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