When grocery stores and restaurants and everyone in between began demanding tips at the check out line, my contributions dropped off.
I can’t be sure of who actually receives charity anymore.
Just_Candle_315 on
Oh no! Wont someone think of all the poor 501c3s!?
Seriously this is what passes for fucking journalism? Motherfuckers can barefly afford groceries and AP-NORC like: hey y’all people arent making year end donations!
Jdelu on
Useless article, absolutely no context as to what is typical. I’m guessing this is true every year, but again I don’t know because the article provides no context.
floridorito on
Beginning next year (in 2026), an individual taxpayer will be able to deduct up to $1000 in charitable contributions on their federal income taxes without having to itemize. Most people – by a significant margin – do not itemize, as the threshold for doing so has risen. So for this year, donations can’t be deducted from tax returns unless a taxpayer itemizes. People who are aware of this are likely waiting for 2026 to roll around.
Obvious_Chapter2082 on
I know that people are feeling squeezed and everything, but it’s embarrassing that almost a third of our country doesn’t donate anything at all to charity. Figured it was gonna be much lower than that
Your__Pal on
GivingTuesday donations were up 13% this year after Many people made donations to their local food shelter before that because of food stamp cuts.
If dollars are up, and participants are down, these organizations can still function.
The bigger problem is the death of USAID.
yourlittlebirdie on
The tax laws changed a few years ago so unless you’re making huge contributions, you basically can’t deduct your charitable contributions anymore. That means there’s no reason to donate at the last minute to get it in under the year end deadline.
Solid-Mud-8430 on
Lmao I can barely put away anything for retirement or savings each check.
Try calling the 20 people at the top who could afford to chip in a donation for like every single person in the country and it’d be pocket change to them. Why are they asking us?
Gingeneration on
Companies don’t give bonuses until end of Q1 after financial warnings anymore, and for those who are capable of year-end donations to include for tax benefits, their accountant probably already has it baked in. Why would people make year end donations vs early year?
Destinyciello on
We care so much about our fellow man! We should tax everyone else and force them to pay for my empathy and altruism.
Have you given them a penny? Hell nah I’m too broke for that, that iphone ain’t gon pay for itself!
BestBettor on
Most US adults aren’t making year end charitable contributions?
I wonder why, maybe it’s because the bottom 50% of people have 2.5% of the wealth and the top 1% owns 30% of the wealth. I wonder how much Elon or Bezos are donating at the end of the year, my guess is zero like usual
frawgster on
Completely anecdotal, so take this with a grain of salt.
The organization I used to work for (almost 14,000 employees, the vast majority earning blue and white collar wages for my area) has had a yearly donation drive for decades. Every year there’s an organized effort to solicit donations from employees. Several weeks of activity…emails, events, incentives, etc. I recently learned the results of the most recent drive that ended in September/October, and they were contextually bad enough that, for me, they spoke to the more widespread economic difficulties that blue and white collar workers are experiencing.
This past drive was the least successful I can recall in over a decade. Even when wages were much lower (before lots of employees got significant pay raises during and after Covid), employees were donating more than this past year. What’s also pretty telling is that this year it appears that, unlike prior years, the organization is not shouting the results of the drive from the rooftops. Compared to prior years, they’re keeping things low key.
TheFinestPotatoes on
Don’t donate until January!
Wait till next year when the tax code becomes more favorable towards charitable donations
The cap on SALT is rising from 10K to 40K so a lot more people will be able to itemize their deductions making those charitable donations tax deductible for those who itemize.
Also, we are adding a new $1,000 limit for people who donate without itemizing.
For
SvenTropics on
Something to think about, when they changed the tax code for the original Trump tax cuts, they dramatically increased the standard deduction and also took away a bunch of potential deductions that people had. The idea was it would mostly balance out. In some ways it’s easier, you just check the standard deduction box. However now you have a lot of people that just do the standard deduction, and you get no benefit for a charitable contribution. You have to contribute enough to go over what your standard deduction would be with your other deductions and most people don’t meet that threshold.
studentofgonzo on
Lol donations. Bezos and Musk could, in one wave of their hands, take care of donations for everyone for the next 20 years. And not feel a blip on their radars either.
zukenstein on
I usually donate something every year, but not this year. I haven’t had a job since Dec ’24 (software engineer), and I’m burning through savings and some retirement just trying to support my family. If I can get a job soon, I can go back to my charitable ways. Until then, I have to look out for myself.
16 Comments
When grocery stores and restaurants and everyone in between began demanding tips at the check out line, my contributions dropped off.
I can’t be sure of who actually receives charity anymore.
Oh no! Wont someone think of all the poor 501c3s!?
Seriously this is what passes for fucking journalism? Motherfuckers can barefly afford groceries and AP-NORC like: hey y’all people arent making year end donations!
Useless article, absolutely no context as to what is typical. I’m guessing this is true every year, but again I don’t know because the article provides no context.
Beginning next year (in 2026), an individual taxpayer will be able to deduct up to $1000 in charitable contributions on their federal income taxes without having to itemize. Most people – by a significant margin – do not itemize, as the threshold for doing so has risen. So for this year, donations can’t be deducted from tax returns unless a taxpayer itemizes. People who are aware of this are likely waiting for 2026 to roll around.
I know that people are feeling squeezed and everything, but it’s embarrassing that almost a third of our country doesn’t donate anything at all to charity. Figured it was gonna be much lower than that
GivingTuesday donations were up 13% this year after Many people made donations to their local food shelter before that because of food stamp cuts.
If dollars are up, and participants are down, these organizations can still function.
The bigger problem is the death of USAID.
The tax laws changed a few years ago so unless you’re making huge contributions, you basically can’t deduct your charitable contributions anymore. That means there’s no reason to donate at the last minute to get it in under the year end deadline.
Lmao I can barely put away anything for retirement or savings each check.
Try calling the 20 people at the top who could afford to chip in a donation for like every single person in the country and it’d be pocket change to them. Why are they asking us?
Companies don’t give bonuses until end of Q1 after financial warnings anymore, and for those who are capable of year-end donations to include for tax benefits, their accountant probably already has it baked in. Why would people make year end donations vs early year?
We care so much about our fellow man! We should tax everyone else and force them to pay for my empathy and altruism.
Have you given them a penny? Hell nah I’m too broke for that, that iphone ain’t gon pay for itself!
Most US adults aren’t making year end charitable contributions?
I wonder why, maybe it’s because the bottom 50% of people have 2.5% of the wealth and the top 1% owns 30% of the wealth. I wonder how much Elon or Bezos are donating at the end of the year, my guess is zero like usual
Completely anecdotal, so take this with a grain of salt.
The organization I used to work for (almost 14,000 employees, the vast majority earning blue and white collar wages for my area) has had a yearly donation drive for decades. Every year there’s an organized effort to solicit donations from employees. Several weeks of activity…emails, events, incentives, etc. I recently learned the results of the most recent drive that ended in September/October, and they were contextually bad enough that, for me, they spoke to the more widespread economic difficulties that blue and white collar workers are experiencing.
This past drive was the least successful I can recall in over a decade. Even when wages were much lower (before lots of employees got significant pay raises during and after Covid), employees were donating more than this past year. What’s also pretty telling is that this year it appears that, unlike prior years, the organization is not shouting the results of the drive from the rooftops. Compared to prior years, they’re keeping things low key.
Don’t donate until January!
Wait till next year when the tax code becomes more favorable towards charitable donations
The cap on SALT is rising from 10K to 40K so a lot more people will be able to itemize their deductions making those charitable donations tax deductible for those who itemize.
Also, we are adding a new $1,000 limit for people who donate without itemizing.
For
Something to think about, when they changed the tax code for the original Trump tax cuts, they dramatically increased the standard deduction and also took away a bunch of potential deductions that people had. The idea was it would mostly balance out. In some ways it’s easier, you just check the standard deduction box. However now you have a lot of people that just do the standard deduction, and you get no benefit for a charitable contribution. You have to contribute enough to go over what your standard deduction would be with your other deductions and most people don’t meet that threshold.
Lol donations. Bezos and Musk could, in one wave of their hands, take care of donations for everyone for the next 20 years. And not feel a blip on their radars either.
I usually donate something every year, but not this year. I haven’t had a job since Dec ’24 (software engineer), and I’m burning through savings and some retirement just trying to support my family. If I can get a job soon, I can go back to my charitable ways. Until then, I have to look out for myself.