Americans Give More to Charity—But Donations Show Widening Gap Between Rich and Poor

NEW YORK, NY -- MarketWatch comments on findings from Giving USA 2017 report. The U.S. cleared a generous milestone in 2017, with Americans donating a record amount to charity. But the numbers are also a reminder of the persistent gap between rich and poor. Charities raked in $410.2 billion from generous Americans last year, but much of that money came from the richest households, according Giving USA’s annual report on philanthropy.