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Age
Bracket Highlights
Table 34: U.S. Bureau of
Labor Statistics, Consumer Expenditure Survey,
2005 Cash Contributions for Charitable Giving
by Age
Who gives the most cash contributions
to charitable causes?
In 2005, people in the 65-74 years age bracket
gave the most dollars to charitable contributions.
The people in the 75 years and older age bracket
gave the highest portion of income.
How much did young people give?
People in the Under 25 years bracket gave less
than one percent of their after-tax incomes, that
is, 0.7%.
What charitable contributions category
did young people give to?
Those in the Under 25 age bracket gave 0.62% of
their after-tax income to “churches, religious
organizations.” That represents about 87%
of the 0.7% of after-tax income that this age
bracket gave to charity.
Are there trends in giving as people
age?
The percent of after-tax income cash contributions
for charitable giving increased in each age bracket.
Do people in different age brackets contribute
to different charitable categories?
Giving to the category of “church,
religious organizations” was highest, compared
to other contributions categories, in every age
bracket, whether measured in dollars or as a portion
of after-tax income.
Giving to the category of “church, religious
organizations” increased as a portion of
after-tax income as age increased.
Giving to the category of “educational
institutions” was highest compared to other
age brackets, in the 75 years and older bracket.
Giving to the category of “charities and
other organizations” was highest in the
65-74 years age bracket. The portion of income
given to “charities and other organizations”
by those in the 75 years and older cohort was
only slightly less than those in the 65-74 years
bracket.
Table 34: U.S. Bureau of Labor Statistics,
Consumer Expenditure Survey,
2005 Cash Contributions for Charitable Giving
by Age
| Item |
All
consumer
units |
Under
25
years |
25-34
years |
35-44
years |
45-54
years |
55-64
years |
65-74
years |
75
years
and older |
Number
of consumer units
(in thousands) |
117,356
|
8,543
|
19,635
|
23,835
|
24,393
|
18,104
|
11,505
|
11,342
|
| Consumer
unit characteristics: |
| Income
after taxes |
$56,304
|
$27,120
|
$53,257
|
$69,619
|
$71,442
|
$61,068
|
$43,976
|
$27,924
|
Average
Annual Expenditures
Cash Contributions
Cash contributions to: |
| charities
and other organizations |
$200.26
|
$23.22
|
$116.56
|
$169.56
|
$254.59
|
$256.30
|
$335.72
|
$199.33
|
| church,
religious organizations |
706.81
|
167.52
|
423.95
|
759.15
|
834.90
|
883.91
|
927.64
|
710.56
|
| educational
institutions |
37.46
|
1.53
|
15.42
|
31.06
|
50.37
|
56.69
|
31.09
|
64.09
|
| Gifts
to non-CU members of stocks, bonds, and
mutual funds |
34.18
|
0.18
|
59.43
|
4.76
|
38.08
|
61.98
|
8.89
|
50.77
|
| Total
(calculated) |
$978.71
|
$192.45
|
$615.36
|
$964.53
|
$1,177.94
|
$1,258.88
|
$1,303.34
|
$1,024.75
|
Calculated:
% of Income after Taxes
Cash contributions to: |
| charities
and other organizations |
0.36% |
0.09% |
0.22% |
0.24% |
0.36% |
0.42% |
0.76% |
0.71% |
| church,
religious organizations |
1.26% |
0.62% |
0.80% |
1.09% |
1.17% |
1.45% |
2.11% |
2.54% |
| educational
institutions |
0.07% |
0.01% |
0.03% |
0.04% |
0.07% |
0.09% |
0.07% |
0.23% |
| Gifts
to non-CU members of stocks, bonds, and
mutual funds |
0.06% |
0.00% |
0.11% |
0.01% |
0.05% |
0.10% |
0.02% |
0.18% |
| Total
|
1.7% |
0.7% |
1.2% |
1.4% |
1.6% |
2.1% |
3.0% |
3.7% |
Details in the
above table may not compute to the numbers shown
due to rounding.
Source: empty tomb, inc. 2007 analysis of U.S.
Bureau of Labor Statistics Consumer Expenditure
Survey, 2005
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