Donate at the lowest price in 20 years
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According to one study, charitable giving has fallen to its lowest level in 20 years. new report By Fraser Institute.
According to the 2023 Generosity Index, the proportion of Canadian taxpayers who donated to charity in the 2021 tax year fell to 17.7 per cent, the lowest proportion since 2001. This compares to a high of 25.4 percent in 2004.
British Columbians are fifth in terms of percentage of taxpayers who donate money, but first in donations with an average of $3,318 per year. Her second highest annual contributions were in Alberta at $3,180 and Ontario at $2,729.
Manitoba took the top spot in percentage of charitable donors and share of total revenue, but ranked fifth in average annual charitable giving. British Columbia ranked second in donated portion of total revenue.
“The holiday season is a time to think about philanthropy, and data shows that Canadians are consistently less charitable each year. That means we face a huge challenge in securing funding,” said Jake Fass, director of fiscal research. He is a researcher at the Fraser Institute and co-author of Canada’s Generosity: The 2023 Generosity Index.
“This decline in generosity in Canada undoubtedly limits the ability of Canadian charities to improve the quality of life in their communities and beyond.”
Early this year, similar report According to Environics for CanadaHelp, a public foundation that promotes philanthropy through technology, 45% of charities say their funding is on par with pre-pandemic levels, while 31% say their funding is below pre-pandemic levels. I answered yes. They also reported that individual households saw their participation in giving decline from 36% to 28% from 2010 to 2022.
Demand is also rapidly increasing.Canadian food banks annual report Hunger count The study found that nearly 2 million people visited food banks in March, an increase of 78 per cent compared to March 2019.
