U.S. charitable giving increased by 3% in 2025, reaching $617 billion, the second-highest amount ever in inflation-adjusted terms, according to fortune.com. This marks the first time donations surpassed $600 billion. Although this total fell short of the 2021 record driven by pandemic-related social services giving, it reflects steady growth amid a mixed economic backdrop.
The growth in donations was slightly faster than the long-term average of 2.7%, supported by a relatively strong economy, rising personal incomes, and a well-performing stock market in 2025. However, consumer sentiment remained low and inflation stayed above the Federal Reserve’s 2% target. Bequests, or gifts made after death, led the increase with a 16.6% rise to $62 billion, accounting for about 10% of all giving, up from 9% in 2024, according to fortune.com.
Bequeathed gifts have surpassed $50 billion annually since 2022 and have grown significantly in three of the last four years. This trend highlights the increasing influence of wealthy donors and foundations in driving overall charitable contributions. The data comes from the annual report by the Giving USA Foundation in partnership with the Indiana University Lilly Family School of Philanthropy, which tracks philanthropy trends in the U.S.
The 2025 charitable giving figures underscore the sustained generosity of Americans despite economic challenges. The next report from the Giving USA Foundation is expected to provide further insights into how demographic and economic factors continue to shape philanthropy in the United States.