Total U.S. charitable giving hit a record $617 billion in 2025, a 3% annual increase.
Charitable bequests grew by 16.6% to $62 billion, driven by the ongoing wealth transfer and market gains.
The education sector experienced the highest growth, with donations rising by 8.9% to reach $92 billion.
New federal tax measures taking effect in 2026 are expected to broaden the base of individual charitable donors.