The average American adult has spent $7,400 on charitable gifts in 2017, according to a new report from the Center for Responsive Politics.
But the vast majority of Americans don’t donate much, if any, of their income to charitable causes.
According to the report, Americans spent just $2.7 trillion on charitable giving in 2017.
But nearly half of that amount — $3.9 trillion — was donated to a handful of large corporations and foundations.
The median amount donated to charitable organizations was $7.50 per person, which means about 1 in 3 Americans had to work hard to make a charitable donation to make it to charity.
And many of those people, it turns out, don’t even know what that means.
Many Americans don�t donate much to charitable foundations, even as they donate more to their families.
The average income of an American household was $54,000 in 2017 — $5,000 more than the median income for households overall, the report found.
The biggest charities for American households are the Walton family of Walmart, the nation�s largest private company, and the Lynde and Harry Bradley Foundation, which funds programs for low-income students.
For the average American household, that�s a total of $12,000.
It�s not surprising that many Americans don���t give to charity, since the money goes directly to the people who make the big donations.
The Center for Contributor Education found that only 3 percent of Americans said they donated to charity last year.
And those who did donate were overwhelmingly wealthy.
Nearly half of those Americans made more than $100,000, or about $10,000 per household, the survey found.
Many of those wealthy Americans are also members of the very rich, such as Bill Gates, Bill Ackman, and Mark Cuban.
They donated $27 billion to charity in 2017 and made $6.6 billion, the Center found.
But their charitable contributions weren�t enough to pay for the salaries of those on the top of the corporate ladder.
A new study from the nonpartisan Tax Policy Center found that Americans who make more than a $1 million annually contributed an average of $8.28 million each year to the top 1 percent of households.
The bottom half of the American income distribution, on the other hand, only contributed $1.32 for every dollar of their paychecks.
Those on the bottom half, in other words, received just $8 for every $1 of their money.
The findings underscore the need for tax reform to help the very wealthy pay their fair share of taxes, said Matt Lewis, the executive director of the Tax Policy Project.
The study found that more than 70 percent of the wealthy make between $1 and $2 million per year, while only about 3 percent earn more than that.
The tax system isn�t working for middle-income earners, Lewis said.
The middle class in America has fallen far behind, with median income falling $1,100 between 2011 and 2017.
This year, middle-class families will see their median income drop by nearly $2,600.