NCPA - National Center for Policy Analysis

Charitable Giving Accelerated Again Last Year

October 30, 2000

America's leading charities drew in $38 billion in donations last year. That was an increase of 13 percent over 1998, according to a new report in Chronicle of Philanthropy.

The top 400 charities accounted last year for about one-fifth of charitable giving nationwide. Giving has steadily increased over the past decade.

  • Receiving $1.4 billion in cash and donated goods, the Salvation Army led the 1999 survey for the eighth straight year.
  • The YMCA ranked second with $693.3 million in donations, followed by the American Red Cross -- which saw a 25 percent increase in contributions to $678.3 million.
  • The American Cancer Society was fourth with $620 million.
  • Rounding out the top five was the Fidelity Investments Charitable Gift Fund with $573 million.

Source: Associated Press, "Gifts to the Top Charities Grew 13 Percent in 1999," New York Times, October 30, 2000.

For Chronicle of Philantrophy text:


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