Charitable giving in cash increased in 2013

Charitable giving in cash increased in 2013

Evangelical Council for Financial Accountability (ECFA) announced in its Annual State of Giving Report on Nov. 17 that cash charitable giving to ECFA-accredited organizations increased 6.9 percent between 2012 and 2013. It reflects total cash donations of $11.6 billion in 2013, an increase from the previous year’s $10.9 billion.

ECFA reported a 6.4 percent increase in giving to its members for 2012, compared with a 1.7 percent increase the previous year. 

Giving to evangelical churches and ministries outpaced giving to secular charities in 2013. The Giving USA report for the same time period reflected a giving increase of 4.4 percent for 2013, compared with 2012. 

“The second consecutive year of increases among ECFA-accredited organizations and a boost to secular charities last year sends a strong signal that charitable giving is rebounding,” said Dan Busby, ECFA president. 

Total revenue also increased 8.2 percent to $23.1 billion for 2013.

The most significant cash giving increases occurred in the following categories: 

Camps and conferences, 18.8 percent; children’s homes, 13.9 percent; student/youth, 12.3 percent; orphan care, 12 percent; medical, 10.7 percent; relief and development, 10.2 percent, child sponsorship, 10.0 percent; and leadership training, 10.0 percent.

(In Christ Communications)