Giving USA: Charitable giving beats pre-recession peak for first - Spokane, North Idaho News & Weather KHQ.com

Giving USA: Charitable giving beats pre-recession peak for first time in 7 years

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SEATTLE (AP) - Charitable giving in the United States has surpassed pre-recession levels for the first time in seven years.

A national organization that tracks the generosity of Americans says they gave an estimated $358 billion to charity in 2014. That's about $47 billion more than they gave in 2007, the previous peak of charitable giving in the United States.

Last year marked the fifth year of increased giving. But the Giving USA Foundation had not expected donations to reach pre-recession levels for a few more years.

The economic recovery was given credit for most of the increase in giving. Charitable giving did not stop during the recession, but it slowed down and some Americans switched their donations toward human services.

Now they have started giving again to all their usual causes, from the environment to the arts.

(Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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