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Americans Slash Charitable Donations Amid Inflation Woes

12/27/2025

48 7 Full Breakdown

Summary

Story summary

Because of high inflation and rising unemployment, Americans are reducing end-of-year charitable donations in 2025.
An Associated Press-NORC Center for Public Affairs Research poll shows nearly half cut 2025 donations.
A McKinsey & Company survey finds living-cost concerns drive fewer donations while wealthier households still donate.
Donor numbers fall 3% in 2025 versus 2024 due to economic conditions and federal job cuts.

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Story summary

Because of high inflation and rising unemployment, Americans are reducing end-of-year charitable donations in 2025.
An Associated Press-NORC Center for Public Affairs Research poll shows nearly half cut 2025 donations.
A McKinsey & Company survey finds living-cost concerns drive fewer donations while wealthier households still donate.
Donor numbers fall 3% in 2025 versus 2024 due to economic conditions and federal job cuts.