Charity scams are everywhere. Fraudsters take advantage of situations to take money from anyone. It could range from a simple one-man operation to a more complex scheme by organizations. <\/p>\n\n\n\n
Charity scammers take advantage of every unfortunate event. Based on Action Fraud\u2019s data, 408 charity scam reports<\/a> were made between January and November 2022. This resulted in a \u00a32.3 million loss. <\/p>\n\n\n\n Keep reading to learn more about vital charity scam statistics you should know in 2023. <\/p>\n\n\n\n Scams, including charity scams, can be done in many ways. According to the VP of Experian Data Breach Resolution and Consumer Protection, Micheal Bruemmer, scams in 2023 can be done through phishing<\/a> or social engineering. <\/p>\n\n\n\n Scams done by phone<\/a> are called social engineering. In 2022, Americans wasted $40 billion<\/a> to phone scams alone. <\/p>\n\n\n\n If you don\u2019t want to fall victim to a charity scam, read these statistics to know what to look out for in 2023.<\/p>\n\n\n\n Scammers will do everything to get their hands on your money. They will even exploit your empathy to do so. <\/p>\n\n\n\n From February to March 2020, there was an increase of 569%<\/a> in cybercriminals using domains like \u201ccoronavirus\u201d or \u201ccovid.\u201d <\/p>\n\n\n\n Check these statistics for more information about charity donation scams.<\/p>\n\n\n\n (ACNC<\/a>)<\/p>\n\n\n\n Charity scams are growing. In 2020, Scams Awareness Week released a statement about the 70% increase in charity scams compared to 2019. <\/p>\n\n\n\n It can also be correlated that this increase happened during the first phase of the COVID-19 pandemic. Typically, fraudsters have taken advantage of the global crisis. <\/p>\n\n\n\n (Lexis Nexis Risk Solutions<\/a>)<\/p>\n\n\n\n The U.K. National Fraud received almost 200 reports about charity scams for Ukraine\u2019s crisis victims. Fraudsters take advantage of the situation to exploit money from different sectors. <\/p>\n\n\n\n (Lexis Nexis Risk Solutions<\/a>)<\/p>\n\n\n\n The surge of the COVID-19 pandemic gave scammers new opportunities to take advantage of people\u2019s empathy and fear. 200,000 new websites with domains containing keywords like \u201cCOVID or \u201cCoronavirus\u201d were recorded. <\/p>\n\n\n\n (New York Times<\/a>)<\/p>\n\n\n\n The fraud’s mastermind, Mr. Ian Hosang, was charged with taking almost $152,000 in donations that passed through 23 of his nonprofits. The money came from online giving platforms wherein donors can choose between I.R.S.-approved charities. <\/p>\n\n\n\n People are innately generous. This is supported by the fact that 95%<\/a> of the population join in charitable giving. <\/p>\n\n\n\n A financial donation is an easy and effective way of keeping the causes you believe in. People donate to charity for several reasons. It can be helping meet critical and basic needs, giving back to society, or responding to a request for funding. <\/p>\n\n\n\n Know more about these charitable giving statistics for informed giving decisions. <\/p>\n\n\n\n (AARP<\/a>)<\/p>\n\n\n\n According to the Giving USA Foundation, Americans donated almost $48 billion to charity in 2021. This figure came out in their annual report on U.S. philanthropy. These contributions were given to health care, environmental protection, health care, arts, and other causes. <\/p>\n\n\n\n (Neon One<\/a>)<\/p>\n\n\n\n By the end of the year, nonprofit organizations had an increase of 17-31% of their online revenue. The growth can also be accounted for by the holidays in December\u2014a timely thing to do during the season of giving.<\/p>\n\n\n\n (Neon One<\/a>)<\/p>\n\n\n\n Derived from the CCS Fundraising\u2019s Philanthropic Landscape Report, half of U.S. households donate annually, with 81% of affluent families giving. The data shows that many U.S. families are willing to contribute to charities. <\/p>\n\n\n\n (NP Trust<\/a>)<\/p>\n\n\n\n Corporations gave a total of $21.08 billion in donations. This is an increase of 23.8% compared to 2020. Growth in corporate giving is observed, and it is expected to continue as part of companies\u2019 corporate social responsibility. <\/p>\n\n\n\n (NP Trust<\/a>)<\/p>\n\n\n\n The largest source of donations came from individuals. A total of $326.87 billion were accounted for individual charity giving. This represents 67% of the total giving population in 2021. <\/p>\n\n\n\n This means that the majority of the funds did not come from corporations. It came from individuals who wanted to share a portion of their money with a good cause. <\/p>\n\n\n\n (Philanthropy Roundtable<\/a>)<\/p>\n\n\n\n From $54 billion in donations 62 years ago, it went up to $390 billion by 2016. The increase is evident since the U.S. population also doubled throughout the years. <\/p>\n\n\n\n Although there\u2019s an increase in amount, giving only accounts for 2% of the national production. This is interesting because the amount being donated has not changed even if the country has become richer post World War II.<\/p>\n\n\n\n People are generally charitable. However, certain groups tend to be more giving than others. In the United States, the most giving people reside in Utah. 6.6% <\/a>of their gross annual income is accounted for charity giving. <\/p>\n\n\n\n The demographic statistics of the most charitable people are below to know more about these groups. <\/p>\n\n\n\n (Define Financial<\/a>, Philanthropy Roundtable<\/a>)<\/p>\n\n\n\n Older people tend to be more philanthropic. This is based on the data that 77% of households contribute headed by someone 61-75 years old. This is compared to a family run by someone 26-45 years old, accounting only for 60%. <\/p>\n\n\n\n People tend to be more generous towards the end of their lives as they have more time, money, and motivation to assist others. <\/p>\n\n\n\n (Define Financial<\/a>)<\/p>\n\n\n\n This generation donates around $481 annually, and 84% contribute to charity and nonprofits. This age group also prefers donating funds through online transactions. <\/p>\n\n\n\n (Nonprofit Source<\/a>)<\/p>\n\n\n\n Millennials like to make recurring donations having it deducted from their debit or credit card every month. This generation primarily enrolls their card details in an auto-deduction system so that donations can be automated. <\/p>\n\n\n\nEditor\u2019s Choice<\/strong><\/h3>\n\n\n\n
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Charity Scam Statistics 2023<\/strong><\/h2>\n\n\n\n
Charity Donations Scam Statistics 2023<\/strong><\/h3>\n\n\n\n
1. There was a 70% increase in charity scams in 2020, according to Scams Awareness Week.<\/strong><\/h4>\n\n\n\n
2. The United Kingdom (U.K.) National Fraud received 196 reports about fake fundraising for Ukraine crisis victims.<\/strong><\/h4>\n\n\n\n
3. In 2020, 200,000 new websites were registered for fake COVID-19 crisis fundraising.<\/strong><\/h4>\n\n\n\n
4. American Cancer Society of Michigan stole about $152,000 in donations.<\/strong><\/h4>\n\n\n\n
Charitable Giving Statistics<\/strong><\/h3>\n\n\n\n
5. In 2021, almost $485 billion were donated by Americans to charity.<\/strong><\/h4>\n\n\n\n
6. In 2022, nonprofit organizations raised around 25% of their online revenue.<\/strong><\/h4>\n\n\n\n
7. 50% of U.S. Households donate annually. <\/strong><\/h4>\n\n\n\n
8. Donations from Corporations had an increase of 23.8% in 2021.<\/strong><\/h4>\n\n\n\n
9. Individuals accounted for 67% of total giving.<\/strong><\/h4>\n\n\n\n
10. In 2016, American charitable giving went up 7 times compared to 1954. <\/strong><\/h4>\n\n\n\n
Charitable Giving Demographics<\/strong><\/h3>\n\n\n\n
11. 64 years old is the average age of a U.S. donor. <\/strong><\/h4>\n\n\n\n
12. 5% to 10% accounts for millennial donors of average charities. <\/strong><\/h4>\n\n\n\n
13. 40% of Millennial donors opt for a monthly donation system. <\/strong><\/h4>\n\n\n\n
14. 59% of Gen X are regular donors.<\/strong><\/h4>\n\n\n\n