PPPM 280 Lecture Notes - Lecture 10: Standard Deduction, Baby Boomers, Peer Pressure

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Many nonprofits rely heavily on charity to support their operations. Small, voluntary organizations rely on individual giving (or small events) for as much as. 88% of american households give to charity every year. Giving varies by income level, age, religious affiliation, and region. Middle-class americans give much higher share of their income than wealthy. Households who earn -75,000 give 7. 6% of annual income. Households who earn ,000 + give only 4. 2% Poorest fifth give 4. 3% richest fifth give 2,. 1% The older you are, the more you give. Millennials count for 11% of total giving, 60% of cohort give, and give an average of to 3. 3 organizations. Generation x, 59% of cohort give across 3. 9 charities. Baby boomers, 72% give an average of across 4. 5 organizations. 75% who frequently attend religious services congregations, 60% to other religious charities or non religious groups. Red states give more than blue states.

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