Private giving, including individuals, bequests, foundations, and corporations, gave an estimated $484.84 billion to U.S. charities in 2021, according to research published in Giving USA 2022: The Annual Report on Philanthropy for the Year 2021.

The sum was an increase of four per cent on 2020 when comparing dollar amounts; however, when measured against inflation, the total actually decreased slightly (-0.7 per cent).

Giving USA is the longest-running and most comprehensive report on the sources and uses of charitable giving in America. It is researched and written by the Indiana University Lilly Family School of Philanthropy at IUPUI and published by Giving USA Foundation, a public service initiative of The Giving Institute.

The full report can be read on givingusa.org.