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Charitable Giving

Monday, August 20, 2012

Severna Park About Average on Charitable Giving

Recent information from the Chronicle of Philanthropy indicates that Marylanders are more generous than people from most other states. In Severna Park people were in line with the national average.

Residents of Severna Park are about as generous as the rest of the country when it comes to charitable giving, but they don't give away quite as much money as the rest of the state. Severna Park residents give away about 4 percent of their income to charity, according to recent analysis from the Chronicle of Philanthropy. The average rate of giving is 4.7 percent nationally and 5.7 percent across the state of Maryland. Figures were based on the tax returns from 2008, the most recent data available from the IRS. Maryland ranks 11th in the nation in terms of how much of their discretionary income its residents donate to charity, according to the Chronicle's analysis. Utah was listed as the top state in the analysis for giving, with residents…

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